Corporation Tax – Capital or income – lump sum receipt – taxpayer a financial intermediary – taxpayer enters into exclusivity agreement with life insurance provider – life insurance provider agrees to pay lump sum in advance plus commission on sales following successful introductions from taxpayer – whether lump sum of capital nature – no – appeal dismissed
Citations:
[2010] UKFTT 263 (TC)
Links:
Jurisdiction:
England and Wales
Corporation Tax
Updated: 11 October 2022; Ref: scu.422264
