Missing trader intra-community fraud. Personal liability notice to individual director under paragraph 19(1) of Schedule 24 to the Finance Act 2007. Whether appellant knew that the transactions were connected with fraudulent tax losses. Held: yes for all but three. Held: no for three transactions because 50:50 and HMRC burden of proof not discharged. Had burden been on appellant, appeal would have been dismissed as to those three transactions too.
Source: bailii.org
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