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STOCKHOLM, Sweden, Jan. 4 (UPI) -- The Swedish Tax Board has demanded ABBA star Bjorn Ulvaeus pay it more than $11.6 million for tax discrepancies.
Stockholm's Local newspaper said Swedish authorities claim Ulvaeus owned a company based on a low-tax island in the Netherlands Antilles that he used to gather his musical royalties without paying appropriate taxes.
Based on this claim, the Tax Board sought $12.5 million in compensation and later added another $2.3 million onto that figure for the years 2004 and 2005.
While the ABBA star appealed the original fine and had it reduced to nearly $9.4 million, the overall total the Swedish government is seeking was $11.6 million.
The final sum was the result of the Tax Board's decision to increase the amount of tax applied to Ulvaeus' earnings from the Dutch company Fintage.
The newspaper said Ulvaeus is waiting to see if a Swedish county court will further limit his back tax debt after he appealed the 2004 and 2005 fines.
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