Tax avoidance schemes: judicially defeated schemes and extended information powers: Finance Bill 2014 clauses | Practical Law

Tax avoidance schemes: judicially defeated schemes and extended information powers: Finance Bill 2014 clauses | Practical Law

On 24 January 2014, HMRC published draft legislation for inclusion in the Finance Bill 2014 to implement proposals to promote early settlement of disputed tax avoidance cases and to change the economics of using tax avoidance schemes by requiring accelerated payment of the tax in certain cases. HMRC also published draft legislation to extend HMRC's DOTAS information gathering powers.

Tax avoidance schemes: judicially defeated schemes and extended information powers: Finance Bill 2014 clauses

by Practical Law Tax
Published on 30 Jan 2014 • United Kingdom
On 24 January 2014, HMRC published draft legislation for inclusion in the Finance Bill 2014 to implement proposals to promote early settlement of disputed tax avoidance cases and to change the economics of using tax avoidance schemes by requiring accelerated payment of the tax in certain cases. HMRC also published draft legislation to extend HMRC's DOTAS information gathering powers.