Inland Revenue climbdown.
Series: Financial Times ; 21 July 1999, 18(1)Publication details: 1999Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3528-64 (Browse shelf(Opens below)) | 1 | Available | 102334-1001 |
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.