The Commissioners for HM Revenue and Customs v McLaren Racing Limited: [2014 UKUT 0269 (TCC)

Upper Tribunal Tax and Chancery decision of Mr Justice Warren and Judge Sinfield on 17 June 2014.

From:
HM Courts & Tribunals Service and Upper Tribunal (Tax and Chancery Chamber)
Published
1 December 2016
Category:
Tax
Release date:
17 June 2014

Read the full decision in The Commissioners for HM Revenue and Customs v McLaren Racing Limited: [2014 UKUT 0269 (TCC).

CORPORATION TAX – whether penalty imposed by Formula One governing body for breach of its non-statutory code deductible in computing profits to be charged to corporation tax - held no - appeal allowed.

Published 1 December 2016