Court
Accountants lose court battle over
An accountancy firms appeal against a Financial Ombudsmen Service (FOS) decision which ruled it was liable for advising clients to invest into a now-blacklisted tax avoidance scheme has been dismissed by the UK courts.
Eclipse ruling A victory against
Hacker Young’s Michael Avient takes a look at the implications of HMRC’s victory against Eclipse on tax avoidance court cases.
Eclipse inside a failed tax
The Court of Appeal’s decision in the Eclipse 35 film partnership case upholds the decision of lower courts that the tax scheme does not work.
HMRC defeats Disney avoidance scheme
HM Revenue & Customs has defeated in the Court of Appeal a tax avoidance scheme which made false investments into Disney films.
Incompetent directors escape record 111m fine
The highest court in the Cayman Islands has thrown out a record fine given to two directors who operated a fund which caused investors to lose millions.