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Corporation tax

Series: Estates Gazette ; [2001] 26 EG 162 (CS) 30/6/01Publication details: 2001Subject(s): Online resources: Summary: "Inland Revenue Commissioners v John Lewis Properties plc", CD 13 June 2001. Respondent taxpayer J entered into a rent factoring scheme assigning rental income for five years to bank in return for lump sum. Special commissioner's decision that the payment was a capital receipt and not income for corporation tax purposes was upheld. The commissioners' appeal was dismissed
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Law report London News article WB3726-30 (Browse shelf(Opens below)) 1 Available 113462-1001

"Inland Revenue Commissioners v John Lewis Properties plc", CD 13 June 2001. Respondent taxpayer J entered into a rent factoring scheme assigning rental income for five years to bank in return for lump sum. Special commissioner's decision that the payment was a capital receipt and not income for corporation tax purposes was upheld. The commissioners' appeal was dismissed