Year-end Sale % OFF 
Abstract
Abstract Three recent decisions of the High Court concerning decisions with serious tax consequences have illuminated the continuing difficulty in identifying a principled distinction between mistakes as to present fact or law justifying rescission on the one hand, and mispredictions or ‘risk-taking’, which are afforded no remedy, on the other. This article examines the differing approaches to misprediction and risk-taking in relation to tax, and considers whether any reliable principles emerge for the benefit of those wishing to advise clients in the future.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
