by Alex Dunnagan | Sep 23, 2021
The deal TaxWatch has written to the Public Accounts Committee (PAC), the National Audit Office, and the Treasury Committee, requesting that inquiries be held into an out of court settlement between HMRC and General Electric (GE). Following a lengthy tax dispute...
by Alex Dunnagan | May 21, 2021
HMRC have filed an appeal to the Supreme Court seeking permission to make allegations of fraud in relation to an ongoing dispute with General Electric over a massive tax avoidance scheme. TaxWatch has made submissions supporting HMRC’s application. Should HMRC’s...
by George Turner | Aug 4, 2020
4th August 2020 Introduction and summary HMRC have alleged that General Electric fraudulently obtained a tax advantage in the UK worth US$1bn by failing to disclose documents relating to the group’s financing arrangements. The allegations revolve around the financing...