Well done to Ritchie here, no, really, well done

Tax campaigner Richard Murphy said: ‘It’s amazing that UBS and Deutsche bought this case against HMRC when it was obvious to everybody these schemes were completely artificial and purely designed to avoid tax.’

Seriously, well done.

To point out that the banks had won in the Court of Appeal, and that the case was brought by HMRC against the banks would just be neoliberal sophistry, candidly.

12 thoughts on “Well done to Ritchie here, no, really, well done”

  1. Per his own post, a couple of paras up:

    “In cases brought by HMRC against UBS and Deutsche Bank ”

    Maybe he could save the world.. we just need to figure out how to strap a generator to that spinning stump.

  2. One would imagine a self-seclared tax expert would take the trouble to find out what the Ramsay principle actually was. If he had, he would understand why the lord justices in the Court of Appeal and the lord justices kn the Supreme Court, despite their undoubted expertise, were unable all to agree with each other.

  3. Ironman, you’re confusing the expected behaviour of a tax expert with that of a self-declared tax expert.

  4. UBS and Deutsche bought this case against HMRC

    Eh? Are we on a whole new level of corruption and malfeasance here?

  5. Actually, Ian, he’s confusing the expected behaviour of someone who might not be a cunt with the behaviour of somebody who is definitely a cunt.

  6. HMRC strategy was to keep appealing until they could get to a level where the judges wouldn’t fell overly bound by precedent or be subject to review.

  7. “it was obvious to everybody these schemes were completely artificial”

    UBS won in both the Upper Tribunal and Court of Appeal.

    Murphy is a cunt.

  8. Hey, lads – the fact that they were completely artificial didn’t make them illegal. What mattered to the judges was whether they were valid.

  9. “In his withering judgment, Lord Justice Robert Reed said: ‘In our society a great deal of intellectual effort is devoted to tax avoidance.’”

    In any society , in any age, actually..

  10. ‘In our society a great deal of intellectual effort is devoted to tax avoidance.’

    How much intellectual effort did it take to raise the personal tax allowance to £11k so allowing millions to avoid paying income tax?

  11. ‘In our society a great deal of intellectual effort is devoted to tax avoidance.’”

    or to put it in layman’s terms

    “There are a couple of QCs in my Chambers who sign off these deals and they earn more than I do, the bastards”

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