UTTC CORPORATION TAX – acquisition of company with accrued losses by company carrying on similar trade – whether acquirer entitled to set losses against income of enlarged group – ICTA ss 337, 343, 393 – losses to be set only against income of predecessor’s trade – appeal allowed
[2016] UKUT 320 (TCC), [2016] BTC 513, [2016] STC 1970, [2016] STI 2204
Bailii
England and Wales
Corporation Tax
Updated: 01 November 2021; Ref: scu.567366
