Ingenious scores appeals court victory in long | 電影影評網
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2021年8月6日—ThishasbeenanembroiledandbittercaseinwhichHMRChascontinuallyattackedIngenious'filminvestmentschemes,amongthemThe ...
![Ingenious scores appeals court victory in long](https://i.imgur.com/FK6P5g9.jpg)
UK tax authority HMRC (HM Revenue and Customs) has lost the latest installment of its complex and long-running legal battle with film financier Ingenious Media, which will now be looking to claw back at least £30m in legal costs.
In a ruling issued earlier this week, the Court of Appeal concluded that the Ingenious film tax scheme businesses were indeed trading with a view to make a profit. The court said that the 2019 Upper Tribunal (which decided in favour of HMRC) had been wrong to interfere in the decision by the First Tier Tribunal in 2016[1] regarding this issue.
This has been an embroiled and bitter case in which HMRC has continually attacked Ingenious’ film investment schemes, among them The Ingenious Film Partners 2 LLP scheme, as a means for investors to avoid paying tax.
Those investors included many British celebriti...
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