Megtian Ltd (in Administration) v Commissioners of Revenue and Customs
Chancery Division
“A person who knew that a transaction in which he participated was connected with fraudulent tax evasion was a participant in that fraud because he had a dishonest state of mind. By contrast, a person who merely ought to have known of the relevant connection was not dishonest, but had a state of mind broadly equivalent to negligence.”
The Times, 2nd February 2010
Source: www.timesonline.co.uk
