Retrospective tax legislation acceptable?
"I've spent years using dodgy offshore tax schemes and now the chickens are coming home to roost. Please help me justify my greed and stop Hector bending me over and greasing me up."
I take it you are happy for the Government to introduce retrospective tax legislation then? What about S660, is that ok too? You may not agree with it but there is a principle at stake here. If you give them an inch they'll take a mile, and next time it could be you.
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