Grogan v HMRC: UTTC 21 Oct 2010

Income Tax – Transaction in securities – Contribution by Company to QUEST – Sale by controlling shareholder of shares to QUEST – Notice under ICTAs.703 to counteract tax advantage – Served after enactment of ITA 2007 – Alternative notice under ITA 2007, s.698 – Which notice effective – Whether tax advantage – Whether tax advantage a main object – yes – Appeal Dismissed

Citations:

[2010] UKUT 416 (TCC)

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 01 September 2022; Ref: scu.428170