Tax on compensation
Language: English Series: EGCS ; (1988) 168Publication details: 1988Subject(s): Summary: In Pennine Raceway Ltd v Kirklees Metropolitan Borough Council CA 2 December 1988 it was held that compensation for loss of profits caused by the revocation of planning permission for the temporary use an airfield for drag racing , was subject to capital gains tax .| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2450-12 (Browse shelf(Opens below)) | 1 | Available | 5476-1001 |
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In Pennine Raceway Ltd v Kirklees Metropolitan Borough Council CA 2 December 1988 it was held that compensation for loss of profits caused by the revocation of planning permission for the temporary use an airfield for drag racing , was subject to capital gains tax .