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Scheme to avoid tax fails

Language: English Series: Times ; 30/10/86 p41Publication details: 1986Subject(s): Summary: 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.

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.