The Commissioners for HM Revenue and Customs v Unicorn Tankships (428) Limited [2021] UKUT 0109 (TCC)

Upper Tribunal Tax and Chancery decision of Mr Justice Trower and Judge Swami Raghavan on 7 May 2021

From:
HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
Published
10 May 2021
Category:
Tax
Release date:
7 May 2021

Read full decision in HMRC v Unicorn Tankships (428) Limited - final decision

Tonnage Tax – interpretation of Paragraph 85 Schedule 22 Finance Act 2000 - whether company leaving tonnage tax regime liable to balancing charge under Capital Allowances Act 2001 on sale of assets following exit – no – appeal dismissed

Updates to this page

Published 10 May 2021