Ransom v Higgs: 1973


Megarry J


[1974] 50 Tax Cas 1, [1973] I WLR 1187

Cited by:

CitedPaul Alexander Clark (Her Majesty’s Inspector of Taxes) v The Trustees of The British Telecom Pension Scheme and Others ChD 14-Oct-1998
The question was whether sub-underwriting commissions received by the Trustees are chargeable to tax under Case I of Schedule D and whether they are also liable to the additional rate of tax applicable to trusts. The investment managers appointed to . .
At First InstanceRansom (Inspector of Taxes) v Higgs, etc HL 13-Nov-1974
A company had devised two elaborate schemes with a view to avoiding income tax. Lord Wilberforce discussed the definition of ‘trade’: ‘`Trade’ cannot be precisely defined, but certain characteristics can be identified which trade normally has. . .
Lists of cited by and citing cases may be incomplete.

Taxes Management

Updated: 16 May 2022; Ref: scu.183489