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HSBC Sued For £150m Over Disney Tax Avoidance Scheme

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HSBC Private Bank is being sued for £150 million by more than 400 investors in connection with a film financing scheme that aimed to invest money in Disney blockbusters just for tax benefits. The investors included Sir Alex Ferguson, a former manager of the Manchester United, and former England managers…

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Click here to read the full story: Finance.co.uk

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