HL Income tax – Annual payment – Payment charged against capital in payer’s accounts – Profits exceeding annual paym ent but less than aggregate of annual paym ent and dividend paid – W hether annual paym ent made wholly out of taxed profits – Income Tax A ct 1952 (15 and 16 Geo. 6 and 1 Eliz. 2, c. 10), s. 170.
Citations:
[1965] UKHL TC – 43 – 133, [1966] 1 WLR 111, [1966] 1 All ER 30, 43 TC 133
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 14 June 2022; Ref: scu.559797