The probe could have significant ramifications for Wise and its chief executive.
is being investigated by U.K. regulators after tax authorities found he failed to pay a tax bill worth over £720,000.£365,651 by Her Majesty's Revenue and Customs — the U.K. government department responsible for collecting taxes — for defaulting on the tax bill in 2018.
At the time, a company spokesperson said Kaarmann had submitted his personal tax returns for the 2017/18 tax year late, but has since paid what he owed along with"substantial" late filing penalties.Download NBC 5 Dallas-Fort Worth
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