In a short judgement handed down on Wednesday (October 10), Justice Tugendhat said that the two Times articles did not have the defamatory meaning alleged by Sir Elton.
Justice Tugendhat said: "The conclusion I have reached is that the words complained of are not capable of bearing the meaning attributed to them by the claimant or any other defamatory meaning."
The music legend had sued The Times for libel damages after complaining the two articles - published on June 21 under the headline "The secrets of tax avoiders" - were "severely damaging" to his reputation and charity work.
John specifically said that the pieces had falsely claimed he used Patrick McKenna of Ingenious Media as his accountant in a tax avoidance scheme.
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Insidious Media is currently being investigated by HM Revenue & Customs over several of its tax relief schemes, mostly involving investments in computer games and films.
Lawyers for The Times said that the matter was now over, but it is unclear whether John intends to appeal the ruling.
A full written judgement will be made available later on Wednesday.
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