Franchise Fees Flee Feds!

Federal and state authorities are working to permanently close a metro Denver counterfeit documents ring allegedly masterminded by a Mexico-based crime family they believe operates in at least 33 states, churning out tens of millions of dollars worth of fake IDs. For months, investigators and prosecutors say they have been working quietly to shut down …

Special Commissioners decision changes view on Franchises Goodwill

In 1996, 32 Pizza Express franchisees sold their businesses back to the franchisor Pizza Express. Two of these businesses claimed capital gains tax rollover relief in respect of the gain on goodwill under TCGA 1992, s. 152. The claim was subsequently refused by HMRC and the tax payers appealed. HMRC’s argument was that there was …