Heather Self, Group Tax Director of Scottish Power plc, gives us her opinion on the new disclosure rules
Heather Self Group Tax Director of Scottish Power plc gives us her opinion on the new disclosure rules
Tax planning is often described as a game — perhaps four-dimensional chess or to use a more modern idiom a game of Quidditch particularly in relation to anti-avoidance rules: identifying how the House of Lords will rule on a particular transaction is about as easy as trying to catch the elusive Golden Snitch. With the new disclosure rules the Inland Revenue and Customs appear to have added at least a couple of extra Bludgers to their teams — or perhaps to have tilted the pitch significantly against the taxpayer.
But...
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Heather Self, Group Tax Director of Scottish Power plc, gives us her opinion on the new disclosure rules
Heather Self Group Tax Director of Scottish Power plc gives us her opinion on the new disclosure rules
Tax planning is often described as a game — perhaps four-dimensional chess or to use a more modern idiom a game of Quidditch particularly in relation to anti-avoidance rules: identifying how the House of Lords will rule on a particular transaction is about as easy as trying to catch the elusive Golden Snitch. With the new disclosure rules the Inland Revenue and Customs appear to have added at least a couple of extra Bludgers to their teams — or perhaps to have tilted the pitch significantly against the taxpayer.
But...
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:
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