Saunders v Inland Revenue: HL 25 Jul 1957

Surtax – Settlement – Trustees empowered to release capital in excess of stated sum – Power to determine provision of settlement-Finance Act, 1938 (1 and 2 Geo. VI, c. 46), Sections 38 (2) and 41 (4) (b).

Citations:

[1957] UKHL TC – 37 – 416, (1957) 37 TC 416

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 04 May 2022; Ref: scu.560138