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James O'Toole (tax lawyer)

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James Andrew O'Toole (born February 1978) is an English tax lawyer whose firm Aston Court Chambers specialises in offshore tax avoidance schemes. He has described himself as a "tax alchemist".[1] He and his firm are mentioned in papers divulged in the Paradise Papers leak in 2017.

Early life[edit]

James O'Toole was born in February 1978.[2]

Career[edit]

After qualifying as a lawyer, O'Toole established Aston Court Chambers, a firm that specialises in offshore tax avoidance schemes.[3] He has described himself as a "tax alchemist".[1]

In 2016, a tax tribunal sitting at the Royal Courts of Justice in London described his firm Aston Court Chambers as one "whose attitude and operation might fairly be described as unprofessional" in a case relating to a retired businessman who transferred over £2m into a scheme that O'Toole and his firm had advised upon.[4]

O'Toole, who now lives in the Seychelles, is the investment adviser to a Mauritian company that owns his mansion in Northumberland.[1][5]

References[edit]

  1. 1.0 1.1 1.2 James O'Toole: the 'tax alchemist' who can slip assets past UK taxman. Hilary Osborne, The Guardian, 6 November 2017. Retrieved 10 November 2017.
  2. James O'TOOLE. Companies House. Retrieved 10 November 2017.
  3. The Paradise Papers and tax evasion. Philip Fisher, accountingweb, 7 November 2017. Retrieved 10 November 2017.
  4. FIRST-TIER TRIBUNAL TAX CHAMBER GARETH CLARK Appellant - and - THE COMMISSIONERS FOR HER MAJESTY’S Respondents REVENUE & CUSTOMS. Appeal number: TC/2014/05909, 2016. Retrieved 10 November 2017.
  5. Paradise Papers: UK millionaires 'using offshore tax avoidance schemes'. Panama Papers Reporting Team, BBC News, 10 November 2017. Retrieved 10 November 2017.

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