THE AMERICAN THREAD COMPANY v JOYCE (Surveyor of Taxes).(1) (1911-1915) 6 TC 1
NO. 324.–IN THE HIGH COURT OF JUSTICE (KING’S BENCH DIVISION).–
14th and 15th February, 1911.
COURT OF APPEAL.–
7th and 8th February, 1912.
A Company incorporated and registered in the United States owns Cotton Mills in the United States for the manufacture of cotton thread, none of which is sold in the United Kingdom. The Company was promoted by the English Sewing Cotton Company, Limited, which is registered and carries on business in the United Kingdom and which owns directly or through trustees the whole of the American Company’s common stock.