Allegations of Tax Avoidance
In 2006, Andrew Mitchell invested funds in privately owned firms implicated in a tax avoidance scheme. The article in the Daily Telegraph claimed that a subsidiary of DV3 purchased the lease on the Dickins & Jones department store building in central London for £65.1 million and sold it a month later to a partnership controlled by DV3 for £65,100, thus avoiding stamp duty.
Read more about this topic: Andrew Mitchell
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