[2004] EWHC 640 (Ch).

Chancery Division.

Lightman J.

Judgment delivered 30 March 2004.

Corporation tax – Small companies’ rate – Settlors established trust in favour of children – Shares in wholly owned subsidiary of company controlled by settlor held by trust – Trust also held majority of issued share capital in third company – Assessments raised on basis that taxpayer companies associated – Whether three companies associated for purposes of small companies’ rate – Income and Corporation Taxes Act 1988, s. 13, 416.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.