References: [2012] UKUT 43 (TCC)
Links: Bailii
UTTC Income Tax; emoluments; tax avoidance scheme; transfer of shares; whether a payment -No; whether shares a readily convertible asset – Yes; Income & Corporation Taxes Act 1988 sections 1, 19, 131, 202A&B, 203, 203A, 203F, The Income Tax (Employments) Regulations 1993 Regulation 2- appeal dismissed
Statutes: Income Tax (Employments) Regulations 1993, Income and Corporation Taxes Act 1988