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I did not say Jimmy Carr admitted criminal wrongdoing. I am well aware of the distinction between tax avoidance and tax evasion, but in many jurisdictions (inc
by UVB-76 13y ago
I did not say Jimmy Carr admitted criminal wrongdoing.
I am well aware of the distinction between tax avoidance and tax evasion, but in many jurisdictions (including the UK) there is legislation that also renders tax avoidance schemes illegal if the arrangements are sufficiently artificial or abusive.
Since the Carr affair, HMRC have implemented the General Anti-Abuse Rule (GAAR). Although it has not, to my knowledge, been tested at a tax tribunal, I am fairly confident the arrangement Carr entered into would be deemed abusive under this new legislation.
- ZenPro 13y agoPrevious comment used the term legally guilty. You then referenced Jimmy Carr as an example and used the words guilty inferring legal and moral guilt. He was guilty of neither but he had a public persona to protect and admit wrongdoing where none existed. If subsequent legislation attempts to limit TAS with the "fair admittance" rule of checking the box it has no retrospective bearing on the conduct of Jimmy Carr.