Consequences
Furniss v. Dawson has had far-reaching consequences. It applies not only to capital gains tax but to all forms of direct taxation. It also applies in some of the jurisdictions where decisions of the English courts have precedential value.
Read more about this topic: Furniss V Dawson
Famous quotes containing the word consequences:
“Without being forgiven, released from the consequences of what we have done, our capacity to act would ... be confined to one single deed from which we could never recover; we would remain the victims of its consequences forever, not unlike the sorcerer’s apprentice who lacked the magic formula to break the spell.”
—Hannah Arendt (1906–1975)
“If you are prepared to accept the consequences of your dreams ... then you must still regard America today with the same naive enthusiasm as the generations that discovered the New World.”
—Jean Baudrillard (b. 1929)
“Resistance is feasible even for those who are not heroes by nature, and it is an obligation, I believe, for those who fear the consequences and detest the reality of the attempt to impose American hegemony.”
—Noam Chomsky (b. 1928)