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ABBA performer faces more music

Bjorn Ulvaeus, a former member of music group ABBA, was ordered, on 4 January 2007, to pay SEK 16 million (US$2.3 million) in back taxes on undeclared royalties earned between 2004 and 2005.

The Swedish tax authority last year accused Ulvaeus of evading SEK 87 million in income tax on music-related royalties earned between 1999 and 2003. This sum was subsequently reduced to SEK 65 million on appeal.

Since 1990, the rights to Ulvaeus' music have been administered by Dutch company, Fintage, which subsequently entered into an agreement with Stanova, a company based in the Netherlands Antilles. As a result, 95% of the composer's royalties made their way to the low tax centre.

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