KPMG loses McLaren appeal over tax relief for spying fine
A ruling allowing McLaren to claim tax back on a £32m fine for spying on rival Ferrari has been overturned by the UK’s Upper Tax Tribunal. Yesterday (17 June) the tribunal overturned the controversial HM Revenue & Customs (HMRC) ‘spygate’ ruling in 2012, marking a loss for KPMG senior tax manager Angela Leal, instructing Temple […]