Inland Revenue Commissioners v Willoughby and Another: CA 6 Jan 1995

Anti-avoidance provisions do not catch a transfer of assets which were located abroad and which made at a time when the taxpayer was a non UK resident.

Citations:

Gazette 08-Mar-1995, Ind Summary 13-Feb-1995, Times 06-Jan-1995

Statutes:

Income and Corporation Taxes Act 1988 739-741

Jurisdiction:

England and Wales

Citing:

Appealed toInland Revenue Commissioners v Willoughby HL 16-Jul-1997
Rules which disallowed exemption from tax for the transfer of assets abroad in order to avoid income tax do not apply where the taxpayer is not ordinarily resident here. . .

Cited by:

Appeal fromInland Revenue Commissioners v Willoughby HL 16-Jul-1997
Rules which disallowed exemption from tax for the transfer of assets abroad in order to avoid income tax do not apply where the taxpayer is not ordinarily resident here. . .
Lists of cited by and citing cases may be incomplete.

Income Tax

Updated: 09 December 2022; Ref: scu.82365