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Artist News Legal
Sigur Ros charged over tax evasion in Iceland
By Chris Cooke | Published on Friday 29 March 2019
Members of Sigur Ros have been charged with tax evasion after the authorities in their home country of Iceland investigated the band’s finances.
The outfit is accused of submitting incorrect tax returns from 2011 to 2014 and as a result evading 151 million Icelandic Krona (just over £945,000) in tax payments. Assets belonging to all four band members – including property worth nearly £5 million – are currently frozen pending the case going to trial.
For their part, the band blame a former accountant for the incorrect tax filings, adding that they have cooperated with the tax authorities since being made aware of the errors. In a statement yesterday, they said they regretted that the case had ended up in court, but that they intended to demonstrate during the trial that they themselves had not deliberately set out to evade any taxes that were due to be paid.
According to Billboard, the band’s legal rep added: “The members of Sigur Ros are musicians – not experts on bookkeeping and international finance”.
