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- However, a Tax Tribunal brought by Ingenious against HMRC to challenge this notion vindicated Ingenious’s position and ruled that they were bona fide businesses run for a commercial profit and that Ingenious investors were putting their money into legitimate film investment vehicles.
www.theingeniousgroup.co.uk/article/ingenious-responds-to-misleading-reports-about-investors-tax-affairs/Ingenious responds to misleading reports about investors tax ...
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Are Ingenious Media film partnerships a legitimate investment?
Are Ingenious Media's Film/Video Game investment partnerships legitimate?
Is Ingenious Film Partners 2 a tax scheme?
Are ingenious film tax schemes trading with a view to make a profit?
Why is HMRC attacking Ingenious Film Partners 2 LLP?
Did a failed tax avoidance film partnership work?
The Court of Appeal decision that handed down on 4th August this year will now enable taxpayers involved in the three Ingenious film partnerships to finally agree their liabilities with HMRC.
Feb 9, 2018 · Stewarts is acting for over 240 investors in a £100m claim against Ingenious Media, a British media investment group whose film/video game partnerships have been branded as tax avoidance schemes by HMRC.
- dpickstone@stewartslaw.com
- Head of Tax Litigation And Resolution
Aug 6, 2021 · Five years ago, after Ingenious film partnerships were dubbed tax-avoidance schemes by HMRC, Ingenious was sued by a group of 220 of its own investors who accused it of “negligence,...
The Ingenious Litigation concerns claims by over 500 individual claimant investors in relation to their investments in the Ingenious Media film partnerships. The claims are against various defendant companies and individuals associated with the Ingenious Media group.
Nov 15, 2017 · HMRC argued that it was not a legitimate investment but a way of avoiding tax. In August 2016 the Tax Tribunal ruled the Ingenious Media Film partnerships, which were designed to reduce...
Stewarts is acting for a number of investors in Ingenious Media’s film/game investment partnerships, after being branded as tax avoidance by HMRC. Group action begun on behalf of 220 investors who have together invested over £100m in cash – with losses thought to exceed that figure.
Feb 11, 2017 · Recent media reports relating to high-profile investors in Ingenious film partnerships have misrepresented the tax status of their investments and Ingenious’ film business. These are not ‘tax avoidance schemes’.
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