Inland Revenue Commissioners v Land Securities Investment Trust Ltd: HL 29 Apr 1969

HL Profits tax – Deduction – Property company – 10-year rentcharges payable as consideration for lessor’s interest in properties leased to company – Finance Act 1937 (1 Edw. 8 and l Geo. 6, c. 54), .v. 20(1) and Sch. 4, para. 4; Finance (No. 2) A ct 1940 (3 and 4 Geo. 6. c. 48), s. 14; Incom e T ax A ct 1952 (15 and 16 Geo. 6 candpound; 1 Eliz. 2, c. 10), s. 177.

Citations:

[1969] UKHL TC – 45 – 495, 45 TC 495, [1969] TR 173, [1969] 2 All ER 430, [1969] 1 WLR 604

Links:

Bailii

Jurisdiction:

England and Wales

Corporation Tax

Updated: 14 June 2022; Ref: scu.559810