FTTTx CORPORATION TAX – Intangible fixed assets – Goodwill – Chargeability of gains and losses – Commencement of new statutory code – Application of the code and goodwill created or acquired after commencement – Taxpayer company purchased business and internally-generated goodwill from associated company after commencement date of code – Taxpayer company recognised goodwill element as purchased goodwill in its accounts – Whether goodwill created by taxpayer company after commencement of code – No – Appeal dismissed – FA 2002 Sch 29 para 118(1)(a).
[2010] UKFTT 109 (TC)
Bailii
England and Wales
Corporation Tax
Updated: 31 October 2021; Ref: scu.408959
