HSBC chief loses tax probe case by HMRC
Chris Stone, acting for HMRC, won a case against the HSBC Chief Executive, Stuart Gulliver, in which his request to obtain a 'closure notice' was refused.
Mr Gulliver wished to end a tax probe, begun in December 2015, into his earnings for 2013-14 and involved the question of his domicile at the time. HMRC's enquiry centres on the factual questions into the banker's domicile and does not address any amount of tax that might be owed.
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