CORPORATION TAX – relief for remediation of contaminated land -capital expenditure on various items of sea defences in course of construction of a marina – whether land in a contaminated state by reason of seawater on foreshore – yes – breakwater constructed on seabed – not expenditure on land – sea defences constructed on foreshore – qualifying land remediation expenditure – works carried out on land above high water mark – not qualifying land remediation expenditure – paras 1, 2, 3, 4, and 7 Schedule 22 Finance Act 2001 – appeal allowed in part
Citations:
[2013] UKFTT 367 (TC)
Links:
Jurisdiction:
England and Wales
Corporation Tax
Updated: 31 August 2022; Ref: scu.513482
