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Avoidance: will there ever be a happy ending? ALLISON PLAGER reports from a joint CIOT/ARC meeting
KEY POINTS
- Taxpayers must be open in their dealings with HMRC.
- Tax legislation must reflect the intention of Parliament.
- Tax avoidance is becoming morally unacceptable.
- Fair play must apply on both sides.
What more can be said on the subject of tax avoidance one wonders. The Chartered Institute of Taxation London branch recently held a joint meeting with the Association of Revenue and Customs (ARC) to ask the question: Avoidance – is there another way?
Transparency
Chris Davidson HMRC’s Large Business Service national business director kicked off proceedings. He said he was giving his ‘personal views on the subject based on 30 years’ experience in tax’.
Inevitably tax avoidance starts with the decision in Duke of Westminster v CIR 19 TC 490 when Lord Tomlin stated ‘every man is entitled if he can...
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