One of my colleagues passed on this quote regarding tax avoidance from about 80 years ago: Lord Clyde, President of the Court of Session, ruled: “No man in the country is under the smallest obligation, moral or other, so to arrange his legal relations to his business or property as to enable the Inland Revenue to put the largest possible shovel in his stores. “The Inland Revenue is not slow, and quite rightly, to take every advantage which is open [...]
Tags: HMRC, Justice, Rule of Law, Tax


