Good v Revenue and Customs: UTTC 18 Nov 2021

INCOME TAX – tax scheme relating to film distribution rights – whether non-trade business of exploiting films – taxation of Minimum Annual Payments under scheme and whether taxpayer entitled to such payments – whether loan interest payments deductible – whether statutory conditions for discovery assessments satisfied – appeal dismissed

Citations:

[2021] UKUT 281 (TCC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 06 February 2022; Ref: scu.671219