Lords challenge the chancellor on offshore tax time limits
Posted by mostafa on 13 November, 2018
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This item was filled under Tax
Clauses 79 and 80 in the Finance (No 3) Bill that extend the time limits for assessing offshore tax matters to 12 years, are unnecessary and should be removed from the Bill, say the Lords.
In a letter to the chancellor, Philip Hammond, the House of Lords’ economic affairs Finance Bill sub-committee presents evidence that the government&…