Continue reading "Trustees: A red card?"
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Trustees: A red card?
Catharine Bell and Nicole Aubin-Parvu review a case that highlights the importance for trustees of impartiality and independence when handling EBTs ‘There was, in fact, evidence to suggest that the trust was intended to be operated in breach of trust and that the scheme required such breach to achieve its purpose.’ The decision of the …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- DTE Financial Services Ltd v HM Inspector Of Taxes [2001] EWCA Civ 455
- Heaton (Inspector of Taxes) v Bell [1969] 46 TC 211; [1970] AC 728
- Inland Revenue v Scottish Provident Institution [2004] UKHL 52
- Murray Group Holdings v HMRC [2012] UKFTT 692; WTLR(w) 2013-02
- Sempra Metals Ltd v HMRC [2008] STC (SCD) 1062; [2007] UKHL 34
- WT Ramsay Ltd v Inland Revenue Commissioners [1981] STC 174