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Tax: Justice and reason?
Katie Hawksley finds that Rogge v HMRCC summarises how the settlor-interested rules work in the UK and offshore ‘The judgment touched on the interaction between a settlor’s liability to income tax and that of the trustees (and the complications which can arise as a result), raising some interesting points for private client practitioners to bear …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Ang v Parrish (Inspector of Taxes) [1980] STC 341
- Barclays Mercantile Business Finance Ltd v Mawson [2004] UKHL 51
- Commissioners of Inland Revenue v Leiner [1964] 41 TC 589
- Hardy v HMRC [2008] STC 3499
- HMRC v Mayes [2011] EWCA Civ 407
- Rogge & ors v HMRCC [2012] WTLR 537
- WT Ramsay Ltd v IRC [1981] UKHL 1