The Commissioners for HM Revenue and Customs v Total E&P North Sea UK Ltd and Total Oil UK Ltd: [2019] UKUT 0133 (TCC)

Upper Tribunal Tax and Chancery decision of Judge Herrington and Judge Cannan on 01 May 2019.

Read the full decision in The Commissioners for HM Revenue and Customs v Total E&P North Sea UK Ltd and Total Oil UK Ltd.

CORPORATION TAX – oil companies – supplementary charge on ring fence profits – rate change – apportionment of profits before and after rate change – section 7 Finance Act 2011.

Published 2 May 2019