Frye v Revenue and Customs: FTTTx 28 Mar 2012

INCOME TAX – foreign income – whether provision of funds from company wholly owned by foreign trust was in part a dividend paid to that trust – held, on facts, yes – whether resultant distribution of trust income assessable on beneficiary – yes – assessment confirmed and appeal dismissed

Citations:

[2012] UKFTT 221 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 14 November 2022; Ref: scu.462612