Corporation Profits Tax – Company carrying on trade or business or similar undertaking – Company formed for more convenient administration of family estates-Company in receipt of annuity as consideration for constructing a railway. – Company carrying on social club-Mutual trading concern-Finance Act, 1920 (10 and 11 Geo. V, c. 18), Section 52.
Citations:
[1925] UKHL TC – 12 – 657
Links:
Jurisdiction:
England and Wales
Corporation Tax
Updated: 16 May 2022; Ref: scu.633844