UTTC Income Tax – loss relief – arrangements for exploitation of intellectual property rights – whether first-year losses incurred – whether large part of money paid for exploitation of rights or purchase of guaranteed income stream – whether remainder used within first accounting year and allowable loss in that year -appeals against First-tier Tribunal dismissed
[2016] UKUT 361 (TCC)
Bailii
England and Wales
Income Tax
Updated: 24 January 2022; Ref: scu.570415