Tony Beare, Slaughter and May, points out the troubles ahead for those attempting to comply with the new disclosure requirements — especially the 'promoters'
Tony Beare Slaughter and May points out the troubles ahead for those attempting to comply with the new disclosure requirements — especially the 'promoters'
Anyone labouring under the impression that the Budget Day Press Release entitled 'Tackling tax avoidance — disclosure requirements' was all about attacking mass-marketed tax avoidance schemes should by now have realised that something much more significant was in the offing. The long-awaited regulations were published on 17 May and the Trojan Horse seems to be galloping on.
The two clearest things to emerge from the draft legislation in the Finance Bill and the draft regulations are that those responsible for promulgating it have...
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Tony Beare, Slaughter and May, points out the troubles ahead for those attempting to comply with the new disclosure requirements — especially the 'promoters'
Tony Beare Slaughter and May points out the troubles ahead for those attempting to comply with the new disclosure requirements — especially the 'promoters'
Anyone labouring under the impression that the Budget Day Press Release entitled 'Tackling tax avoidance — disclosure requirements' was all about attacking mass-marketed tax avoidance schemes should by now have realised that something much more significant was in the offing. The long-awaited regulations were published on 17 May and the Trojan Horse seems to be galloping on.
The two clearest things to emerge from the draft legislation in the Finance Bill and the draft regulations are that those responsible for promulgating it have...
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:
