Scottish Provident Institution v Customs and Excise: SCIT 17 Dec 2001

TAX AVOIDANCE; cross options and collateral loan; whether cross options to be regarded as single composite transaction with no commercial purpose other than tax saving scheme; loan relationships; gilts; debt contract; Finance Act 1994 as amended sections 147-177; Finance Act 1996 sections 80 and 81

Citations:

[2001] UKSC SPC00315

Links:

Bailii

Jurisdiction:

England and Wales

Income Tax

Updated: 10 June 2022; Ref: scu.195392