When can flawed tax planning be set aside?
27 March 2018
The Royal Court has considered two cases where it was asked to reverse transactions which gave rise to unwelcome tax consequences. In both cases it was invited to do so in accordance with the Hastings-Bass principle.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.