The Resource Building incoherence into the law: a review of relief for tax losses in the early twentieth century

Building incoherence into the law: a review of relief for tax losses in the early twentieth century

Label
Building incoherence into the law: a review of relief for tax losses in the early twentieth century
Title
Building incoherence into the law: a review of relief for tax losses in the early twentieth century
Creator
Subject
Language
eng
Summary
This article examines the history of relief for tax losses in the UK, with an emphasis on excess capital allowances, excess management expenses and the indefinite carry-forward of trading losses. It is argued that the early development of this area of law was characterised by repeated over-complication, with policymakers preferring to invent new and superfluous doctrines than to return to the basic questions of whom should receive relief, when and how. These parallel systems of loss carry-forward should finally be excised from the statute book, and in the meantime, structures should be developed to ensure that this type of poor quality incrementalism is not repeated in the future
Citation source
In: British tax review. - London. - (2012),
http://library.link/vocab/creatorName
Cogan, D. de
Geographic coverage
  • European Union
  • Europe
Language note
English
http://library.link/vocab/subjectName
  • history of taxation
  • capital allowance
  • loss relief
  • carry-over
Label
Building incoherence into the law: a review of relief for tax losses in the early twentieth century
Instantiates
Publication
Label
Building incoherence into the law: a review of relief for tax losses in the early twentieth century
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
Processing Feedback ...