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Controlled foreign companies: HMRC settlements

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The Government has estimated that there are 190 open HMRC enquiries under the controlled foreign companies legislation, said Mark Hoban in a Commons written answer.

The Government has estimated that there are 190 open HMRC enquiries under the controlled foreign companies legislation, said Mark Hoban in a Commons written answer.

It was difficult to give a precise figure because a CFC enquiry is often part of a wider investigation, he said, but it was estimated that 89 CFC enquiries were settled in 2009/10.
 

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