Sentences with phrase «avoidance scheme on»

The House of Commons Public Accounts Committee said that accountancy firm PricewaterhouseCoopers manufactured tax avoidance schemes on an industrial scale to enable its clients to avoid UK taxes.

Not exact matches

An incredible investigation into the Republican tax plan revealing that many of the biggest tax - avoidance schemes were left untouched — and a cottage industry has sprung up to cash in on one of them.

Commenting on today's government consultation paper on «Strengthening Tax Avoidance Sanctions and Deterrents», John Cullinane, Tax Policy Director of the Chartered Institute of Taxation, said: «This is the latest in a series of measures cracking down on those who profit from tax avoidanceAvoidance Sanctions and Deterrents», John Cullinane, Tax Policy Director of the Chartered Institute of Taxation, said: «This is the latest in a series of measures cracking down on those who profit from tax avoidanceavoidance schemes.

But a fairer approach to deficit reduction means we will also crack down on tax avoidance, scrap the shares for rights scheme and reverse the tax cut for hedge funds.

Congressman Rangel lacks clean bill of health: as he's tarnished with tax avoidance schemes in his own back ground, commenting on NYC Comptroller Candidate Eliot Spitzer who has a tarnished reputation to say the least, has me asking can we please hear from someone with a clean political rap sheet.

The Chartered Institute of Taxation (CIOT) has welcomed the launch today of a government consultation on tax avoidance schemes and supports HMRC in trying to tackle the problems in this area.

«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.

When it comes to advising on any avoidance scheme a client may have offered to them this means fully explaining both the reputational and the litigation risks, as well as the ultimate probability of the scheme failing.»

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

An SNP spokesman said: «Phil Boswell has always made declarations on his register of interests in line with guidelines and is committed to ending tax avoidance schemes.»

Conservative leader Andrew Scheer issued a statement on Sunday accusing Prime Minister Justin Trudeau of failing to crack down on «tax avoidance schemes used by his wealthy friends.»

Said senator Ron Wyden of Oregon, the ranking Democrat on the Senate Finance Committee: «What we are seeing is yet another sophisticated federal tax avoidance scheme.»

In September, the Solicitors Regulation Authority (SRA) issued a warning notice on tax avoidance directed law firms advising clients directly about tax or handling client matters that involve them in the design, implementation, organisation or management of tax avoidance schemes.

Many professionals are involved in tax avoidance, by offering considered opinions on one scheme or another.

HMRC is taking an increasingly aggressive approach to tax recovery, which is especially evident in relation to tax avoidance schemes, with challenges raised on a regular basis.

I did my finals at Alexandra Palace and while the pigeons took aim at my tax paper, I was commenting on IRC v Ramsay (then between the Court of Appeal and the Lords), leading to the seminal decision of the House of Lords in 1981 in relation to tax avoidance schemes and upon the rocks of which many a tax avoidance scheme has since been wrecked (see [1982] AC 300, [1981] 1 All ER 865).

He has acted for the liquidator in Edennote v Terry Venables; successfully resisted the winding - up of Stock, Aiken & Waterman; acted for the preference shareholders in the Barings dispute; advises on claims involving the transaction avoidance provisions of the Insolvency Act; appeared in Edward Klempka: In Re Parkside — important authority on the question of what amounts to a preference when dealing with common directorships; acted for the Cayman Islands» appointed SPC Receiver in the # 100m Axiom LItigiation Funding Fraud case which involved the first case of a SPC Receiver being recognised under the Cross-Border Insolvency Regulations 2006; has recently advised on several schemes of arrangement; regularly advises on recovery of assets in an insolvency context using the transaction avoidance rules.

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.

The Court ruled that the scheme was a tax avoidance arrangement and commented in particular on the risk that the scheme would never be a profitable one, the gratuitous use of the promissory note mechanism and the timing mismatch between when expenditure was legally incurred and the point when it was required to be paid «in an economic sense».

Scheme promoters are reported to be designing schemes which escape the DOTAS (Disclosure of Tax Avoidance Schemes) rules, which could restrict HMRC serving accelerated payment notices on invschemes which escape the DOTAS (Disclosure of Tax Avoidance Schemes) rules, which could restrict HMRC serving accelerated payment notices on invSchemes) rules, which could restrict HMRC serving accelerated payment notices on investors.

Michael Gerson Investments v Haines Watts [2002] Lloyd's P.N. 493: Chris was instructed on behalf of the Defendant solicitors in this professional negligence claim involving 9 claims arising out of a failed tax avoidance scheme.

On 17 August, HMRC launched a consultation setting out proposals to impose punitive sanctions on those who design, promote and market tax avoidance schemeOn 17 August, HMRC launched a consultation setting out proposals to impose punitive sanctions on those who design, promote and market tax avoidance schemeon those who design, promote and market tax avoidance schemes.

The Prudential case involved the issue of whether the Prudential could refuse to withhold certain documents on the ground that the documents were covered by legal advice privilege, where the legal advice had been given by accountants in relation to a tax avoidance scheme.

Jeff Kolodny, a member in the firm's Private Client Services Group, participates in a discussion on NPR about a recent document leak by a former employee of HSBC, showing the bank's aggressive nature in marketing tax avoidance schemes to clients.

Prudential The case of R (on the application of Prudential plc & another) v Special Commissioner of Income Tax & another [2010] EWCA Civ 1094 arose in the context of notices issued to Prudential by HMRC under their statutory powers seeking documents relating to a widely marketed tax avoidance scheme.

«Jimmy Carr and his K2 tax - minimising cohorts have attracted their share of detractors for using a tax - avoidance scheme which reduced the amount payable on their income to about 2 %.