Richfield International Land and Investment Co. Ltd. v Commissioner of Inland Revenue (Hong Kong).  BTC 506
Lord Ackner, Lord Roskill, Lord Goff of Chieveley, Lord Jauncey of Tullichettle and Lord Lowry.
Judgment delivered 3 October 1989.
Hong Kong profits tax – Sale of property which had produced rental income – Whether property was capital asset or trading stock at time of sale – Whether reasonable inference by Board of Review that property was trading stock – Inland Revenue Ordinance (Hong Kong), sec. 14.