PC (New Zealand) The Board considered a tax avoidance scheme of a kind which has been widely used, has excited the attention of the revenue authorities in many countries, and has frequently been challenged by them, sometimes successfully and sometimes not. The success of any challenge depends on the specific features of the scheme, the particular fiscal background, the weaponry available to the tax authorities to counter the effect of the scheme, and the marksmanship with which such weaponry is discharged.
Judges:
Lord Bingham of Cornhill, Lord Millett, Lord Scott of Foscote, Baroness Hale of Richmond, Lord Brown of Eaton-under-Heywood
Citations:
[2005] UKPC 5, [2005] STC 448
Links:
Commonwealth
Updated: 29 June 2022; Ref: scu.223455