The goodwill zoo
Jones, Roger
The goodwill zoo - 2005 - Taxation 155(4024) 8 September 2005, 628-630(3) .
Explores some misconceptions about the goodwill of a business in light of recent comments from HM Revenue and Customs. HMRC comments centre on the possible transfer of the goodwill at over-value. Considers the nature of goodwill attaching to a business, whether it is truly transferable, valuation and the possibility of a tax-free drawdown on profits.
CIR V MULLER AND CO'S MARGARINE LTD
WHITEMAN SMITH MOTOR CO LTD V CHAPLIN
United Kingdom--
The goodwill zoo - 2005 - Taxation 155(4024) 8 September 2005, 628-630(3) .
Explores some misconceptions about the goodwill of a business in light of recent comments from HM Revenue and Customs. HMRC comments centre on the possible transfer of the goodwill at over-value. Considers the nature of goodwill attaching to a business, whether it is truly transferable, valuation and the possibility of a tax-free drawdown on profits.
CIR V MULLER AND CO'S MARGARINE LTD
WHITEMAN SMITH MOTOR CO LTD V CHAPLIN
United Kingdom--