No. 1316–COURT OF SESSION (FIRST DIVISION)–

27TH FEBRUARY, 1945

Income Tax, Schedule D – Excess Profits Tax – Ship-managers – Profits of trade – Company’s business consisting almost entirely of managing ships for particular shipping company under agreement – Shipping company going into liquidation and paying sum to ship-managing company under terms of agreement – Whether sum received a trading receipt.

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.