Group tax relief in joint venture
Language: English Series: Times ; 29/5/91 p35Publication details: 1991Subject(s): Summary: In J Sainsbury plc v O`Connor , CA 22 May 1991, it was held that a joint venture agreement between the defendant and a Belgian company to establish a chain of home improvement stores did not deprive them of entitlement under the provisions of Income and Corporation Taxes Act 1970 s258 to group relief for the trading losses subsequently incurred.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2721-54 (Browse shelf(Opens below)) | 1 | Available | 61620-1001 |
In J Sainsbury plc v O`Connor , CA 22 May 1991, it was held that a joint venture agreement between the defendant and a Belgian company to establish a chain of home improvement stores did not deprive them of entitlement under the provisions of Income and Corporation Taxes Act 1970 s258 to group relief for the trading losses subsequently incurred.