HMRC Can Levy Exit Tax On Trust's £142M Gains, Court Rules

By Josh White ( June 15, 2026, 7:00 PM BST) -- Britain's tax authority can collect an exit tax charged on over £142 million ($190 million) in gains from a real estate company and on over £330,000 in assets from a family trust, provided that the tax is paid in a five-year installment plan, a London court ruled....

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