OrbitaxSettlement opportunity for participant in tax avoidance schemes
|Approved Changes|United Kingdom
On 8 January 2013, HM Revenue & Customs (HMRC) announced that it will offer to individuals, companies and partnerships that have entered into specific tax avoidance schemes, the opportunity to finalize their tax position and settle their tax liabilities by agreement without recourse to litigation.
The schemes covered include UK Generally Accepted Accounting Practice (GAA…
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