The Commissioners for HM Revenue and Customs v Leekes Limited: [2016] UKUT 0320 (TCC)

Upper Tribunal Tax and Chancery decision of Mr Justice Roth and Judge Bishopp on 12 July 2016.

From:
HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
Published
21 February 2017
Category:
Tax
Release date:
12 July 2016

Read the full decision in The Commissioners for HM Revenue and Customs v Leekes Limited: [2016] UKUT 0320 (TCC).

CORPORATION TAX — acquisition of company with accrued losses by company carrying on similar trade — whether acquirer entitled to set losses against income of enlarged group — ICTA ss 337, 343, 393 — losses to be set only against income of predecessor’s trade — appeal allowed

Updates to this page

Published 21 February 2017