Market leading insight for tax experts
View online issue

Dishonesty and the failure to prevent evasion

Charles Yorke (Allen & Overy) explains how the Supreme Court’s decision in Ivey v Genting Casinos has expanded what it is to evade taxes.
 

Mr Ivey is one of the world’s leading poker players. In 2012 he played Punto Banco a variant of Baccarat at a casino in London. He won over £7m in a matter of hours deploying a technique called ‘edge-sorting’ which greatly improved his chances of winning. The gambling contract between Mr Ivey and the casino included an implied term that neither would cheat and if Mr Ivey had cheated then he could not recover his winnings.

Mr Ivey’s case was that cheating in the context of games and sport has the same meaning as under the criminal law and that what he had done did not amount to cheating because there was no dishonesty.

The Supreme Court disagreed (Ivey v Genting...

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:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top