INCOME TAX, CAPITAL GAINS TAX AND CORPORATION TAX – disclosure of tax avoidance schemes – applications for orders that arrangements arising pursuant to the implementation of two schemes involving the acquisition and disposal of film rights were, or should be treated as, notifiable under either Section 314A or Section 306A of the Finance Act 2004 – held that each set of arrangements was notifiable because it fell within the description in either paragraph 10 or paragraph 12 of the Arrangements Regulations and gave rise to tax advantages for the participants which were the main benefit that might be expected to arise from it – orders to that effect made under Section 314A of the Finance Act 2004
[2021] UKFTT 58 (TC)
Bailii
England and Wales
Updated: 19 October 2021; Ref: scu.661789 br>