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Director Not Liable For Co.'s $1.1M VAT Bill, UK Tribunal Says

By Dylan Moroses ( February 3, 2023, 3:05 PM EST) -- The U.K. government failed to meet conditions to assess penalties to a company's director for engaging in transactions related to value-added tax avoidance, a tribunal said in ruling in favor of the director's appeal of a £929,000 ($1.1 million) personal tax liability notice....

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