Rules which disallowed exemption from tax for the transfer of assets abroad in order to avoid income tax do not apply where the taxpayer is not ordinarily resident here.
Citations:
Times 16-Jul-1997, Gazette 23-Jul-1997, [1997] STC 995, [1997] UKHL TC – 70 – 57, [1997] UKHL 29, [1997] 1 WLR 1071
Links:
House of Lords, Bailii, Bailii
Statutes:
Income and Corporation Taxes Act 1988 739
Citing:
Appeal from – Inland Revenue Commissioners v Willoughby and Another CA 6-Jan-1995
Anti-avoidance provisions do not catch a transfer of assets which were located abroad and which made at a time when the taxpayer was a non UK resident. . .
Cited by:
Appealed to – Inland Revenue Commissioners v Willoughby and Another CA 6-Jan-1995
Anti-avoidance provisions do not catch a transfer of assets which were located abroad and which made at a time when the taxpayer was a non UK resident. . .
Lists of cited by and citing cases may be incomplete.
Income Tax
Updated: 19 May 2022; Ref: scu.82361