References: [2016] UKUT 361 (TCC)
Links: Bailii
Ratio: 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
Jurisdiction: England and Wales
Last Update: 15-Nov-16
Ref: 570415