Category: Taxes – Other

Gold Nuts Ltd and Others v Revenue and Customs (Corporation Tax – Appeals Against Sch 36 Notices and Applications To Close Enquiries): FTTTx 25 Apr 2017

Corporation Tax – Appeals Against Sch 36 Notices and Applications To Close Enquiries

Citations:

[2017] UKFTT 354 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Citing:

See Also – Gold Nuts Ltd and Others v Revenue and Customs (Procedure : Other) FTTTx 20-Feb-2015
FTTTx PROCEDURE – whether there is an interaction between self-assessment enquiries, corporation tax enquiries and Schedule 36 Notices and penalties on the one hand, and possible criminal prosecution on the other . .
See Also – Gold Nuts Ltd and Others v Revenue and Customs FTTTx 8-Feb-2016
INCOME TAX – CORPORATION TAX – preliminary hearing on matters of law – COP9 letter issued to Mr Budhdeo (‘Mr B’) – contractual disclosure offered and refused – whether FTT has jurisdiction to close a ‘COP9 enquiry’ – no -whether HMRC using SA and CT . .
See Also – Gold Nuts Ltd and Others v Revenue and Customs (Income Tax/Corporation Tax : Other) FTTTx 16-Jan-2017
INCOME TAX – CORPORATION TAX – appeals against Sch 36 Notices and against penalties – applications to close enquiries – whether to stay the appeals and applications behind Mr Budhdeo’s judicial review application – Veolia distinguished – whether . .
Lists of cited by and citing cases may be incomplete.

Corporation Tax

Updated: 27 March 2022; Ref: scu.590821

Vakaru Baltijos Laivu Statykla: ECJ 13 Jul 2017

EAT (Taxation of Energy Products and Electricity : Judgment) Reference for a preliminary ruling – Directive 2003/96/EC – Taxation of energy products and electricity – Article 14(1)(c) – Exemption of energy products used as fuel for the purpose of navigation within European Union waters and to produce electricity on board a craft – Fuel used by a ship to sail from the place where it was built to the port of another Member State for the purpose of taking on its first commercial cargo

Citations:

C-151/16, [2017] EUECJ C-151/16

Links:

Bailii

Jurisdiction:

European

Taxes – Other

Updated: 27 March 2022; Ref: scu.590527

Murray v Inland Revenue: HL 6 May 1918

A proprietor had let to coalmasters his minerals at a rent based on royalties varying with the price of the minerals. He was called upon to pay excess mineral rights duty for the accounting years ending Martinmas 1914 and Martinmas 1915.
Held (1) that the excess mineral rights duty was based, not on the excess (if any) of the rent payable for the accounting year over the rent of the pre-war standard year, but on the excess of the royalty in the accounting year over the pre-war standard royalty, and that the sum upon which tax fell to be levied was the difference between the amount of the royalties in the accounting year and the amount to which royalties on the same quantity of minerals at the prewar standard would have come; (2) that the exemption ‘where the right to work the minerals’ are ‘part of the assets of any trade or business’ referred only to a trade or business of the person in right to receive the rent.

Judges:

Lord Chancellor (Finlay), Viscount Haldane, Lord Dunedin, and Lord Shaw

Citations:

[1918] UKHL 428, 55 SLR 428

Links:

Bailii

Jurisdiction:

England and Wales

Taxes – Other

Updated: 26 March 2022; Ref: scu.631474