Britney Spears's mother has spoken out after a judge denied the star's request to have her father removed from her conservatorship. Reuters
Britney Spears's mother has spoken out after a judge denied the star's request to have her father removed from her conservatorship. Reuters
Britney Spears's mother has spoken out after a judge denied the star's request to have her father removed from her conservatorship. Reuters
Britney Spears's mother has spoken out after a judge denied the star's request to have her father removed from her conservatorship. Reuters

Britney Spears's mother speaks out as firm acting as co-conservator resigns


Sophie Prideaux
  • English
  • Arabic

Following a judge’s decision to deny Britney Spears’s request to have her father removed from her conservatorship last week, the pop star’s mother, Lynne Spears, has admitted she has “mixed feelings” about the arrangement.

In comments made to The New Yorker, Lynne, whose ex-husband Jamie Spears is co-conservator over his daughter’s professional and personal affairs, said: “I got mixed feelings about everything, I don’t know what to think. It’s a lot of pain, a lot of worry."

The comments come as the firm Bessemer Trust, which acts as co-conservator over Spears’s finances alongside her father, put in a request to resign from the conservatorship.

In documents filed to the court on Thursday, and obtained by The New York Times, Bessemer Trust said that “due to changed circumstances”, citing the pop star’s recent court testimony, it no longer wished to be responsible for managing her finances.

In the filing, the firm explained it had been told Spears’s conservatorship was voluntary, with her consenting to hire the company.

The firm has “heard the Conservatee and respects her wishes”, the filing stated.

Jamie Spears, left, is co-conservator over his daughter's estate and personal affairs. AP Photo
Jamie Spears, left, is co-conservator over his daughter's estate and personal affairs. AP Photo

The filing was made on the same day a judge denied Spears's request to have her father removed from her conservatorship.

While not related to last week's hearing, in which the pop star gave an explosive testimony, new court documents filed by the Los Angeles Superior Court on Wednesday show a judge denied a request filed by Spears's lawyer in November 2020.

In that filing, the Toxic singer stated she was “afraid of her father” and would refuse to perform again if he continued to be in charge of her career.

“The conservator’s request to suspend James P Spears immediately upon the appointment of Bessemer Trust company of California as sole conservator of estate is denied without prejudice,” the court documents filed Wednesday stated.

When the request was first filed in 2020, Judge Brenda Penny declined to suspend Spears's father from the conservatorship and appointed financial company Bessemer Trust as a co-conservator.

Wednesday's filing was for the judge to approve Bessemer Trust as the co-conservator, and the judge maintained her decision to not remove Jamie.

However, in Thursday’s court filing, the firm said it was still “not currently authorised to act” on behalf of Spears, and hasn’t received any of her estate’s assets or taken any action as co-conservator.

Last week, Spears gave a heartfelt 24-minute testimony, her first public statement since the conservatorship was instituted 13 years ago, after she went through a very public breakdown. In her remarks, the singer called her father "ignorant" and controlling. "He loved every minute of it, the control he had. He loved it," she said.

She also claimed she was forced to take the drug lithium against her will and was prohibited from marrying or removing a birth control device, and that she wanted the "abusive" conservatorship to end.

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The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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The speech synthesisers VOISS develops are free

Subsequent computer versions will include improvements such as wireless keyboards

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Some popular drinks with high levels of sugar and caffeine have slipped through the fizz drink tax loophole, as they are not carbonated or classed as an energy drink.

Arizona Iced Tea with lemon is one of those beverages, with one 240 millilitre serving offering up 23 grams of sugar - about six teaspoons.

A 680ml can of Arizona Iced Tea costs just Dh6.

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UFC Fight Night 2

1am – Early prelims

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Updated: July 04, 2021, 10:23 AM