TAX-FREE REMUNERATION

摘要

The FIT decision in the lead case of Tower Radio Ltd & Total Property Support Services Ltd v Revenue & Customs [2013] UKFTT 387 (TC) confirms that even the most carefully prepared and executed tax planning will fail to achieve its purpose if the scheme was 'a marketed tax avoidance scheme and [it] had no commercial purpose, other than the intended obtaining of a tax advantage'.