{"id":14337,"date":"2012-02-28T13:33:39","date_gmt":"2012-02-28T13:33:39","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=14337"},"modified":"2012-02-28T13:33:39","modified_gmt":"2012-02-28T13:33:39","slug":"could-barclays-deliver-what-lord-hoffman-tried-to-kill-a-return-to-ramsey","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/02\/28\/could-barclays-deliver-what-lord-hoffman-tried-to-kill-a-return-to-ramsey\/","title":{"rendered":"Could Barclays deliver what Lord Hoffman tried to kill &#8211; a return to Ramsey?"},"content":{"rendered":"<p>My friend,\u00a0<a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2012\/02\/28\/barclays-has-made-the-case-for-a-general-anti-avoidance-principle\/comment-page-1\/#comment-611929\" target=\"_blank\">the Undercover Judge<\/a>, makes a good\u00a0point\u00a0on the blog this\u00a0morning:<\/p>\n<blockquote><p>It will be a great irony if Barclays\u2019 latest jiggery pokery leads to a return to the Ramsay principle under your GAAR proposal, because it was a previous Barclays\u2019 jiggery pokery, waved through by Lord Hoffman and other Law Lords in Barclays Mercantile Business Finance Ltd v Mawson that KILLED OFF THE RAMSAY DOCTRINE \u2014 Lord Hoffmann\u2019s words, I hasten to add.<\/p>\n<p>In the paper \u2018Tax avoidance\u2019 published in the British Tax Review (2005) Vol 2, pages 197-206, at page 203, Lord Hoffmann made this claim:<\/p>\n<p>\u201cThe primacy of the construction of the particular taxing provision and the illegitimacy of rules of general application has been reaffirmed by the recent decision of the House in Barclays Mercantile Business Finance Ltd v Mawson. Indeed it may be said that this case has killed off the Ramsay doctrine as a special theory of revenue law and subsumed it within the general theory of the interpretation of statutes, perhaps the interpretation of utterances of any kind.\u201d<\/p><\/blockquote>\n<p>Hoffman has also done his best to neuter the currently proposed general anti-avoidance rule.<\/p>\n<p>And yes it would be great if Barclays now helped deliver what Lord Hoffman seems to have worked so hard to prevent - a genuine\u00a0general anti-avoidance principle for the UK.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>My friend,\u00a0the Undercover Judge, makes a good\u00a0point\u00a0on the blog this\u00a0morning: It will be a great irony if Barclays\u2019 latest jiggery pokery leads to a return<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/02\/28\/could-barclays-deliver-what-lord-hoffman-tried-to-kill-a-return-to-ramsey\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,10,1],"tags":[],"class_list":["post-14337","post","type-post","status-publish","format-standard","hentry","category-banking","category-tax-avoidance","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/14337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=14337"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/14337\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=14337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=14337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=14337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}