Dunsby v Revenue and Customs: UTTC 23 Nov 2021

INCOME TAX – settlements legislation – chapter 5 Part 5 Income Tax (Trading and Other Income) Act 2005 – meaning of ‘settlement’ – meaning of ‘settlor’ – whether there were multiple settlors – application of s 644 and s 645 Income Tax (Trading and Other Income) Act 2005 – whether dividend or distribution taxable under s 383 Income Tax (Trading and Other Income) Act 2005 – whether taxpayer subject to tax by reference to the income of the settlement under transfer of assets abroad regime – chapter 2 Part 13 Income Tax Act 2007

Citations:

[2021] UKUT 289 (TCC)

Links:

Bailii

Statutes:

Income Tax Act 2007, Income Tax (Trading and Other Income) Act 2005 644 645

Jurisdiction:

England and Wales

Income Tax

Updated: 29 January 2022; Ref: scu.671216