Leaked advice shows how private equity firm was able to buy and sell without paying stamp duty or capital gains tax
The lengths to which companies will go to avoid paying substantial amounts of UK tax are laid bare in the Paradise Papers, which reveal in detail for the first time how some of the biggest property deals in recent years were structured.
The data includes hundreds of pages of tax advice prepared for several multimillion-pound deals involving the US private equity group Blackstone, including the £480m purchase of a business park in west London.
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