Consultant`s tax avoidance scheme fails
Language: English Series: Financial Times ; 19/11/86 p15Publication details: 1986Subject(s): Summary: In Inland Revenue Commissioners v Brackett ,ChD 1986,it was held that where a a UK resident contracts with a non-resident company to provide consultancy services to its clients in the UK,income received from the company by exploitation of his services and from which he benefits is deemed to be his income for tax purposes,unless he can show that tax avoidance was not a purpose of the transaction.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | WB2246-55 (Browse shelf(Opens below)) | 1 | Available | 34541-1001 |
In Inland Revenue Commissioners v Brackett ,ChD 1986,it was held that where a a UK resident contracts with a non-resident company to provide consultancy services to its clients in the UK,income received from the company by exploitation of his services and from which he benefits is deemed to be his income for tax purposes,unless he can show that tax avoidance was not a purpose of the transaction.