Inland Revenue climbdown.
Inland Revenue climbdown.
- 1999
- Financial Times 21 July 1999, 18(1) .
The Inland Revenue has conceded defeat in two tax cases, allowing companies to cut their taxable profit by taking account of certain future losses, particularly those accurately forecast on long-term contracts which are common in the construction industry.
CONSTRUCTION INDUSTRY
The Inland Revenue has conceded defeat in two tax cases, allowing companies to cut their taxable profit by taking account of certain future losses, particularly those accurately forecast on long-term contracts which are common in the construction industry.
CONSTRUCTION INDUSTRY