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Revenu & Customs offers deal on tax avoidance sheltering £3.5bn Investors in film financing given chance to settle tax liability or risk disputes 'accelerated to litigation' Revenue & Customs is to write to some of Britain's wealthiest bankers, hedge fund managers and celebrities offering a chance to settle income tax avoidance schemes estimated to have sheltered more than £3.5bn through film financing structures and other tax-motivated partnerships. It is unclear how generous the settlement offer will be but HRMC insisted such an approach was "the best o...
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