Sentences with phrase «avoidance scheme not»

Not exact matches

So Hempton's conclusion was that either the Times had the story wrong, and Trump wasn't able to avoid taxes, or Trump used some other tax avoidance scheme that was still hiding in his tax returns.

Wouldn't have mattered anyway, Gawker is incorporated in the Cayman Islands because that whole operation is a giant avoidance scheme.

«U.S. multinational firms are the global grandmasters of tax avoidance schemes that deplete not just U.S. tax collection but the tax collection of most every large economy in the world,» said Edward D. Kleinbard, a former corporate tax adviser to such companies who is now a law professor at the University of Southern California.

The prime minister said that while he was against «aggressive tax avoidance schemes» in principle he did not think Barlow should have to hand back his OBE.

HMRC will continue to challenge in the courts and anyone who engages in tax avoidance schemes risk not only the high cost of these schemes but also lay themselves open to penalties and, potentially, prosecution.»

If the revelation of the management inadequacies that gave rise to the financial crisis of 2008 were not enough, more recent controversies over the tax avoidance schemes of multinationals like Google, Amazon, and Starbucks, and the LIBOR fixing scandal, have further brought the question of the governance of corporations into the spotlight.

Seven professional bodies work together to maintain and update Professional Conduct in Relation to Taxation (PCRT), which seeks to govern the conduct of tax professionals in the context of the «tripartite relationship» between the tax adviser, their client or employer, and HMRC.2 John Cullinane said: «We believe the PCRT Standards for Tax Planning make it clear to any of the small minority of tax professionals who are tempted to facilitate and promote tax avoidance schemes that this behaviour is not acceptable.

«Raising the stakes on tax avoidance», a consultation document published by HM Revenue and Customs, sets out a number of proposals relating to the promotion and use of so - called high - risk avoidance schemes, aimed at reducing the use of such schemes.1 Commenting, CIOT President Stephen Coleclough said: «Those members of the public who become end users of high risk avoidance schemes are sometimes misled by the promoters of such schemes and are not fully made aware of the risks or consequences of their decisions.

Thursday 14 March 2013 11 am Oral Questions Measures to force British companies to disclose any tax avoidance schemes that could be detrimental to poorer countries - Lord Collins of Highbury The findings of the Care Quality Commission's Home Care Inspection Review Not Just a Number - Baroness Wheeler Crime detection rates - Baroness Smith of Basildon Debate Afghanistan's regional relationships and their impact on its long - term future - Baroness Warsi Orders and Regulations Diocese in Europe Measure; Clergy Discipline (Amendment) Measure - The Lord Bishop of Newcastle Short Debate Impact on the UK of future demographic trends - Lord Hodgson of Astley Abbotts

However, the name Wildenstein also did not yield any results, and, thanks to a trial held this year in France, it's well known that Guy Wildenstein was hiding art and money through tax - avoidance schemes.

The Third Circuit Court of Appeals agreed with the Appellate Practice Group that the benefit plans were sophisticated tax - avoidance schemes marketed to certain types of businesses, and not the general public.

But stories of pensioners losing their nest eggs or tax avoidance schemes attracting HMRC's interest or worse, continue to undermine confidence in the financial sector.

Prudential had argued that accountants advising on a tax avoidance scheme could not be compelled to disclose their communications because they were bound by LLP and therefore owed absolute confidentiality to their client.

There are significant fines for failing to disclose tax avoidance schemes, but promoters are said to be seeking to remain within the rules by finding business models that are not subject to DOTAS.

We do not participate in any aggressive tax schemes; and have a strong condition of membership for our partners that they may not participate in any scheme that requires disclosure under DOTAS (Disclosure of Tax Avoidance Schemes) or sschemes; and have a strong condition of membership for our partners that they may not participate in any scheme that requires disclosure under DOTAS (Disclosure of Tax Avoidance Schemes) or sSchemes) or similar.

In the recent First Tier Tribunal decision of Anthony Bayliss v HMRC (TC / 2015 / 06609), the Tribunal not only cleared the taxpayer of fraud, but also of negligence, and criticised the «highly questionable» approach taken by HMRC to the penalties issued against him for his use of a tax avoidance scheme.