HMRC consults on EU-driven tax avoidance law

Freelance journalist
Share this content
0

HMRC is consulting on proposals to amend two anti-avoidance tax law provisions to ensure that UK legislation is compatible with EU law.

The move is expected to prevent UK residents avoiding capital gains tax (by holding assets through closely controlled company resident abroad) and the transfer of assets abroad (preventing UK ordinarily resident individuals from avoiding income tax through a transfer of assets so that income becomes that of an offshore person).

Please Login or Register to read the full article

Replies

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.