HMRC faces a genuine problem concerning marketed avoidance arrangements, which the department’s recent consultation – on the introduction of penalties for enablers of defeated tax avoidance – seeks to address. However, the proposed measures go too far, and it is simply unacceptable, in a civilised society, for a government department to penalise professional advisers for advising on the law.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
HMRC faces a genuine problem concerning marketed avoidance arrangements, which the department’s recent consultation – on the introduction of penalties for enablers of defeated tax avoidance – seeks to address. However, the proposed measures go too far, and it is simply unacceptable, in a civilised society, for a government department to penalise professional advisers for advising on the law.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: