Norman Foster has been hit with a huge tax bill, even while losing money (and contracts) in the UK market; Foster and Partners is now in the red, "losing money on a global operation that employs 534 staff and turns over £37 million a year." Building Design.
1 Comment
I dont know the specifics but at least the falling revenues will help his tax bill next year. Since the Good Lord paid himself handsomely enough in the last couple years, already taken from the bottom line, a direct reinvestment could level out that tax bill. I bet he's reconcidering the airplane - 37 million is not that big of company compared to other industries, certainly not big enough to warrant an airplane unless of course his firm's travel is that great.
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.