It accused him of not having declared all his income between 2007 and 2015. The Swiss Federal Tax Administration, however, takes the view that this domicile is fictitious and that Bouvier continued to conduct his business from Geneva.This site uses functional cookies and external scripts to improve your experience.

Thus, Saville became one... Swiss authorities open a new case against Yves Bouvier You may change your settings at any time.

Your choices will not impact your visit. Bouvier claims he left Switzerland in 2009 to settle in Singapore and is no longer taxable in Switzerland.

And again in connection with the Rybolovlev case.As you know, the essence of the claims of the Russian collector against the Swiss art dealer is that Bouvier received from him about $ 2 billion for works of art bought by the dealer from previous owners for $ 1 billion. This decision can still be appealed to the Federal Court.The court has not yet dealt with the accusation of tax evasion and the question of Bouvier’s domicile. And, therefore, he paid the dealer a salary. Now – at home, in Switzerland. Friday, August 7, 2020 Now - at home, in Switzerland. Geneva art dealer Yves Bouvier is said to have evaded CHF330 million ($360 million) in taxes.
This amount was mentioned in a Federal Criminal Court decision which allowed the unsealing of documents seized from Bouvier’s lawyers.

A month after the Supreme Court of Monaco closed Rybolovlev's case against Bouvier, it became known that the art dealer would have to face trial again. According to calculations by the Swiss Federal Tax Service, published on August 3, 2020, Bouvier owed the state as much as $ 360 million in unpaid taxes on his income from transactions with Rybolovlev. Bouvier and his lawyers had argued that the documents were protected by attorney-client privilege.After a long legal tug of war, the Federal Criminal Court has now ordered the lifting of the seal, in a decision published on Monday. © usaartnews.com Since, according to the art dealer, who has been living in Singapore most of the time since the late 2000s, he owes nothing to Switzerland.However, according to information from representatives of the authorities, Bouvier did not change the status of a resident of the country, and the transactions themselves were carried out in Switzerland. And, as far as is known, he has never denied the fact of receiving $ 2 billion.Now the Swiss criminal court is interested in receiving this amount by Bouvier. Similarly, two companies with which he was associated are alleged to have failed to pay taxes on profits.The FTA has confiscated a property of Bouvier, which is said to be worth CHF4.5 million, as a pledge. In addition, sealed documents were seized during a house search. In 2017, the Swiss authorities opened a case against him due to the fact that the dealer did not fill out income tax returns from 2007 to 2015.

Then the amount of his debt to the state was $ 180 million.Bouvier’s lawyers have already announced that they will appeal the very fact of opening this case. And again in connection with the Rybolovlev case. At an auction, Sotheby's October 5, 2018, painting "Propped" by British artist Jenny Saville sold for a record $12.4 million. Geneva art dealer Yves Bouvier is said to have evaded CHF330 million ($360 million) in taxes.

Geneva art dealer said to owe CHF330 million in taxes At the same time, Rybolovlev believed that Bouvier was making transactions as his agent and on his behalf. So he will most likely have to pay taxes.

Which cookies and scripts are used and how they impact your visit is specified on the left. And Bouvier believed that he was reselling works of art to Rybolovlev with the maximum benefit for himself. Expatica helps make your expat journey the experience you've always wanted. Swiss art dealer Yves Bouvier is suing a group of businessmen who he alleges agreed to buy his Singapore freeport for about $60 million before …

This amount was mentioned in a Federal Criminal Court decision which allowed the unsealing of documents seized from Bouvier’s lawyers.The amount is said to correspond to tax deductions made by the Geneva authorities on income from two offshore companies, according to reports in Swiss newspapers In March 2017, the Swiss Federal Tax Administration (FTA) opened a special investigation against Bouvier.

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