Inland Revenue v Wood Bros, (Birkenhead), Ltd (In Liquidation): HL 18 Dec 1958

TC Surtax – Undistributed income of trading company – Computation of actual income – Balancing charge – Income Tax Act, 1952 (15 and 16 Geo VI and 1 Etiz. H, c. 10), Sections 245, 248, 255 (3), 292, 301 (1) and 323 (4).

Citations:

[1958] UKHL TC – 38 – 275

Links:

Bailii

Statutes:

Income Tax Act 1952

Jurisdiction:

England and Wales

Income Tax

Updated: 21 July 2022; Ref: scu.559984