[2014] UKFTT 257 (TC)

CCH understands this decision is to be appealed.

Judge Rachel Short, Mr Andrew Perrin

Decision released 13 March 2014

Corporation tax – Expenses of management – Rental guarantee payments, lump sum release payments, and accounting provision for future guarantee liabilities made by former holding company of property-holding subsidiary – Whether expenses of management – Whether capital in nature – ICTA 1988, s. 75 – Appeal allowed in part.

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