Aug 28 2017

HMRC Reports On Litigation Results Last Tax Year

HM Revenue and Customs, the UK tax authority, has published information on the outcome of litigation concluded in the 2016-17 tax year against tax avoidance arrangements.

In the 12 months to April 2017, the tax authority won 22 rulings in its favor, lost three (one more than a year earlier), and had one ruling that was mixed.

HMRC lost before the courts, with rulings in 2016-17, for Investec Asset Finance PLC/ Investec Bank PLC; Project Blue Limited (formerly Project Blue (Guernsey) Limited); and Salinger / Kirby.

The new list – in "Tax avoidance litigation decisions - 2016 to 2017," published on August 21 – includes links to each judgment.

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