Tax: Beware the smoking gun
For non-tax specialists, the world of tax litigation may have seemed obscure - it might even have provoked a wry smile. Who would imagine, for example, that the VAT status of tea-cakes and jaffa cakes could lead to protracted litigation in the UK and European courts? However, things are changing: increasingly tax litigation is becoming an area that is directly relevant to commercial clients and their advisers. For some time now, there have been a steady flow of cases in which taxpayers have sought (in many cases successfully) to use European law arguments to reclaim huge sums. These cases have turned on domestic UK tax provisions not conforming with the so-called 'fundamental freedoms' under the Treaty of Rome, or the appropriate VAT directives.
This premium content is reserved for
Legal Week Subscribers.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now