TC Income Tax, Schedule D – Capital or income – Agreements between competing trading companies for profit-sharing, etc.- Payment received by one company from the other as damages for cancellation of its future rights under the agreements.
Judges:
Lord Macmillan
Citations:
[1935] UKHL TC – 19 – 390, [1935] AC 431, (1935) 19 TC 390, [1935] All ER 874
Links:
Jurisdiction:
England and Wales
Income Tax
Updated: 12 July 2022; Ref: scu.559346