Corporation tax – capital allowances – transfer of trade using leased satellites whose launch costs had been separately incurred by transferor – whether successor entitled to writing down allowances on an apportioned part of the market value at the time of transfer based on predecessor’s launch costs of the satellites – sections 78(1) and 61(4) CAA 1990 – held no
Citations:
[2019] UKFTT 558 (TC)
Links:
Jurisdiction:
England and Wales
Corporation Tax
Updated: 01 November 2022; Ref: scu.641328
