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:
Jurisdiction:
England and Wales
Income Tax
Updated: 04 May 2022; Ref: scu.560138