COMMISSIONERS OF INLAND REVENUE v DESOUTTER BROS., LTD.(1) (1940-1951) 29 TC 155
HIGH COURT OF JUSTICE (KING’S BENCH DIVISION)–
25TH, 26TH AND 27TH JULY, 1945
COURT OF APPEAL–
22ND AND 23RD NOVEMBER, 1945
Excess Profits Tax – Patents taken out by company in United Kingdom and United States of America relating to articles manufactured by it – Royalties accruing under licences providing for use of American patents – Whether to be included in computing profits – Finance (No. 2) Act, 1939 (2 & 3 Geo. VI, c. 109), Section 12 and Seventh Schedule, Part I, Paragraph 6.
Want to read more?
This content requires a Croner-i Tax and Accounting subscription.