JTI ACQUISITIONS COMPANY (2011) LIMITED v THE COMMISSIONERS FOR HIS MAJESTY’S REVENUE AND CUSTOMS [2023] UKUT 00194 (TCC)

Upper Tribunal Tax and Chancery decision of Judge Raghavan and Judge Brannan on 07 August 2023

• From: HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
• Published: 7 August 2023

• Category: Tax
• Release date: 7 August 2023

Read full decision in JTI Acquisitions Company (2011) Limited v HMRC final decision

CORPORATION TAX – whether FTT correct to hold loan had unallowable purpose under sections 441 and 442 CTA 2009 – yes – appeal dismissed

Published 7 August 2023