BAILII
British and Irish Legal Information Institute


Freely Available British and Irish Public Legal Information

[Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback]

United Kingdom Upper Tribunal (Tax and Chancery Chamber)


You are here: BAILII >> Databases >> United Kingdom Upper Tribunal (Tax and Chancery Chamber) >> Bristol & West Plc v Revenue And Customs [2014] UKUT 73 (TCC) (14 February 2014)
URL: http://www.bailii.org/uk/cases/UKUT/TCC/2014/73.html
Cite as: [2014] BTC 507, [2014] UKUT 73 (TCC), [2014] STC 1048, [2014] STI 869

[New search] [Printable PDF version] [Help]


Bristol & West Plc v Revenue And Customs [2014] UKUT 73 (TCC) (14 February 2014)


Taxation of profits made on sale or transfer of derivatives under Finance Act 2002. Whether transfer disregarded between subsidiaries where one of the companies is not subject to the regime under the 2002 Act. Closure Notice – whether effective when sent by mistake known to the tax payer company. Held: The transfer was not to be disregarded for the purposes of the 2002 Act but the Closure Notice was effective and prevented HMRC from seeking to claim tax in that tax year arising out of the transfer between the two companies. Appeal allowed.

A HTML version of this file is not available click here or view below the pdf version : 73.pdf

About BAILII - FAQ - Copyright Policy - Disclaimers - Privacy Policy amended on 25/11/2010