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United Kingdom House of Lords Decisions
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NAP Holdings UK v Whittles (Inspector of Taxes) [1994] UKHL TC_67_166 (17 November 1994)
URL: http://www.bailii.org/uk/cases/UKHL/1994/TC_67_166.html
Cite as:
67 TC 199,
[1994] UKHL TC_67_166,
[1994] STC 979,
[1994] STI 1371
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NAP Holdings UK v Whittles (Inspector of Taxes) [1994] UKHL TC_67_166 (17 November 1994)
Corporation Tax - Deductibility of expenditure - Capital or revenue expenditure - Group relief - Individuals involved in a joint venture, several companies being involved - One company advancing funds - Whether those monies deductible as wholly and exclusively expended in the course of a trade - Income and Corporation Taxes Act 1970, s 130.
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