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) >> Spritebeam Ltd & Ors v Revenue & Customs & Ors [2015] UKUT 75 (TCC) (25 February 2015)
URL: http://www.bailii.org/uk/cases/UKUT/TCC/2015/75.html
Cite as: [2015] STC 1222, [2015] BTC 507, [2015] UKUT 75 (TCC)
[New search] [Printable PDF version] [Help]
CORPORATION TAX — company lends money to another group company on terms that
shares are paid to a different group company — is the value of the shares income of
the lender under the loan relationship rules? — no, but only because of the effect of
s. 80(5) of the Finance Act 1996 — is the value of the shares income of the share
recipient? — yes — appeals dismissed.
A HTML version of this file is not available click here or view below the pdf version : 75.pdf