Continue reading "Tax: A successful flip-flop"
This post is only available to members.
Tax: A successful flip-flop
Claire Randall and Katie Allard outline the tax implications of Bowring v HMRC, which concerned a scheme to reduce CGT on capital payments by a trust ‘The judgment in Bowring provides a useful insight for those involved in tax planning as to how the courts are likely to decide on similar issues in the future.’In …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Bowring & anr v HMRC [2015] UKUT 550 (TCC); [2016] WTLR 79 UT (TC)
- Herman v Revenue and Customs Commissioners [2007] STC (SCD) 571; [2007] WTLR 1201
- Trustees of the Morrison 2002 Maintenance Trust v HMRC [2016] UKFTT 250 (TC)
- WT Ramsay v Inland Revenue Commissioners [1981] UKHL 1