Scheme to avoid tax fails
Scheme to avoid tax fails
- 1986
- Times 30/10/86 p41 .
Discusses Magnavox Electronics Co Ltd (in liquidation) v Hall (Inspector of Taxes) , CA 13 October 1986, whereby a scheme devised to avoid liability to tax on chargeable gains accruing to the plaintiff company on the sale of its factory premises in Barking, Essex, failed.
CAPITAL GAINS TAX
FINANCE ACT 1971 SCHEDULE 10 PARAGRAPH 10
Discusses Magnavox Electronics Co Ltd (in liquidation) v Hall (Inspector of Taxes) , CA 13 October 1986, whereby a scheme devised to avoid liability to tax on chargeable gains accruing to the plaintiff company on the sale of its factory premises in Barking, Essex, failed.
CAPITAL GAINS TAX
FINANCE ACT 1971 SCHEDULE 10 PARAGRAPH 10