Inland Revenue Commissioners v Church Commissioners for England: HL 7 Jul 1976

HL Income tax – Capital or income – Rentcharges – Payable for 10 years – Paid as consideration for sale of capital assets – Whether containing a capital element – Whether wholly payable under deduction o f tax – Income Tax Act 1952 (15 and 16 Geo. 6 and 1 Eliz. 2, c. 10), 177.

Citations:

[1976] UKHL TC – 50 – 516, [1976] 2 All ER 1037, [1976] STC 339, [1976] TR 187, [1977] AC 329, [1976] 3 WLR 214

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 18 June 2022; Ref: scu.559834