The Resource Can the settlor or beneficiaries of a trust be obliged to try and obtain copies of trust documents relating to that trust from the trustees and then to provide them to HMRC? The Commissioners for Her Majesty's Revenue and Customs v Panos Parissis and others, First-Tier Tax Tribunal, 9 February 2011

Can the settlor or beneficiaries of a trust be obliged to try and obtain copies of trust documents relating to that trust from the trustees and then to provide them to HMRC? The Commissioners for Her Majesty's Revenue and Customs v Panos Parissis and others, First-Tier Tax Tribunal, 9 February 2011

Label
Can the settlor or beneficiaries of a trust be obliged to try and obtain copies of trust documents relating to that trust from the trustees and then to provide them to HMRC? The Commissioners for Her Majesty's Revenue and Customs v Panos Parissis and others, First-Tier Tax Tribunal, 9 February 2011
Title
Can the settlor or beneficiaries of a trust be obliged to try and obtain copies of trust documents relating to that trust from the trustees and then to provide them to HMRC? The Commissioners for Her Majesty's Revenue and Customs v Panos Parissis and others, First-Tier Tax Tribunal, 9 February 2011
Creator
Subject
Language
eng
Summary
'Documents were within a person's "power" for the purposes of the Taxes and Management Act 1970 section 20, if he could obtain them by influence or otherwise, and without great expense, from another person even where that person had the legal right to refuse to produce them.' This case concerns applications by Her Majesty's Revenue and Customs (HMRC) for penalties against Panos Parissis, Adrian Towland and Ian Harrison (the Respondents) relating to alleged failures to comply with notices issued under section 20(1) of the Taxes Management Act 1970 requiring production of documents in their 'possession or power'. HMRC's contention was that the notices were only partly complied with by the Respondents because some of the documents requested, which were in the possession of Guernsey trustees of a series of trusts of which the Respondents were settlors and/or beneficiaries, were not produced as the Respondents contended that they were not in their 'possession of power'
Citation source
In: Trusts & trustees. - Oxford. - Vol. 17 (2011),
http://library.link/vocab/creatorName
Crook, T
Language note
English
http://library.link/vocab/subjectName
  • trust
  • case law
  • disclosure
  • penalties
Label
Can the settlor or beneficiaries of a trust be obliged to try and obtain copies of trust documents relating to that trust from the trustees and then to provide them to HMRC? The Commissioners for Her Majesty's Revenue and Customs v Panos Parissis and others, First-Tier Tax Tribunal, 9 February 2011
Instantiates
Publication
Label
Can the settlor or beneficiaries of a trust be obliged to try and obtain copies of trust documents relating to that trust from the trustees and then to provide them to HMRC? The Commissioners for Her Majesty's Revenue and Customs v Panos Parissis and others, First-Tier Tax Tribunal, 9 February 2011
Publication

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