Control of a company within the section means shareholder control.
Citations:
[1996] STC 785
Statutes:
Income and Corporation Taxes Act 1988 416
Jurisdiction:
England and Wales
Cited by:
Cited – Foulser and Another v HM Inspector of Taxes ChD 20-Dec-2005
The taxpayer company entered into an arrangement in which shares were purchased by a company based in Ireland and resold. A claim was made for holdover relief.
Held: The scheme failed. The restriction imposed did not infringe the right of . .
Lists of cited by and citing cases may be incomplete.
Taxes – Other, Company
Updated: 01 May 2022; Ref: scu.237703
