Aberdeen Asset Management PLC v The Commissioners for HM Revenue and Customs: [2012] UKUT 43 (TCC)

Upper Tribunal Tax & Chancery decision of Mr Justice Warren on 1 February 2012.

From:
HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
Published
1 December 2016
Category:
Tax
Release date:
1 February 2012

Read the full decision in Aberdeen Asset Management PLC v The Commissioners for HM Revenue and Customs: [2012] UKUT 43 (TCC).

Income Tax; emoluments; tax avoidance scheme; transfer of shares; whether a payment –No; whether shares a readily convertible asset – Yes; Income & Corporation Taxes Act 1988 sections 1, 19, 131, 202A&B, 203, 203A, 203F, The Income Tax (Employments) Regulations 1993 Regulation 2- appeal dismissed.

Published 1 December 2016