2 ms·
I don't know much about how the UK functions but it seems very strange that a company simply sells its ownership of the shop to another company including all th
by malshe 1y ago
I don't know much about how the UK functions but it seems very strange that a company simply sells its ownership of the shop to another company including all the inventory after failing to pay taxes. This is limited liability^2 in that the owners as well as the companies are not liable for the taxes owed! Is there something I am missing here?
- adalacelove 1y agoFrom TFA: "There is no legal responsibility for a landlord to enforce the payment of taxes by their tenants, nor any suggestion that Aziz should be paying the bill." This usually makes some sense. But in this case it is obviously being abused. I guess that a police investigation would need to track the flow of money back to the landlord. Or put in place better legislation. Banks for example cannot claim ignorance about their clients and are required to deny access to their services if something does not look good.