eprivateclient

HMRC defeats £44 million tax avoidance film scheme

News Team, 04/12/2017

HMRC has defeated a tax avoidance\"\" film scheme promoted by Goldcrest Pictures Ltd worth nearly £44 million.

Goldcrest Pictures, who are behind box office hits such as Twilight, Gandhi and Chariots of Fire, sold film rights to 21 wealthy investors.

The purpose of the scheme was to create artificial losses from the sale of film rights so scheme us...


Continue reading this article...


Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.







You are currently not logged in,
login to view the full article
start by clicking this button.





Need a subscription,
fill out the form here or
contact subs@eprivateclient.com


About PAM

PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.

Read more about PAM

Subscribers

eprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.

Read more