The Resource Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter?
Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter?
Resource Information
The item Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter? represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation.This item is available to borrow from 1 library branch.
Resource Information
The item Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter? represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation.
This item is available to borrow from 1 library branch.
- Summary
- This case concerned Section 49 of the Taxation of Chargeable Gains Act 1992 (TCGA), a provision which has hitherto been subject to very little judicial consideration. Section 49 TCGA provides that certain contigent liabilities of the person making the disposal should not be taken into account in determining the gain in the first instance but, should they subsequently arise, an adjustment of the original gain will retrospectively take place. The main issue in this case was that the liability (which remained disputed) of the person making the disposal was incurred in his capacity as director and chairman of the company, rather than in his capacity as shareholder disposing of his shares. This case note discusses the case, the facts, the relevant law, and the decision
- Language
- eng
- Label
- Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter?
- Title
- Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter?
- Language
- eng
- Summary
- This case concerned Section 49 of the Taxation of Chargeable Gains Act 1992 (TCGA), a provision which has hitherto been subject to very little judicial consideration. Section 49 TCGA provides that certain contigent liabilities of the person making the disposal should not be taken into account in determining the gain in the first instance but, should they subsequently arise, an adjustment of the original gain will retrospectively take place. The main issue in this case was that the liability (which remained disputed) of the person making the disposal was incurred in his capacity as director and chairman of the company, rather than in his capacity as shareholder disposing of his shares. This case note discusses the case, the facts, the relevant law, and the decision
- Citation source
- In: British tax review. - London. - (2015),
- http://library.link/vocab/creatorName
- Eden, S. (Sandra)
- Geographic coverage
-
- Europe
- European Union
- Language note
- English
- http://library.link/vocab/subjectName
-
- case law
- capital gains tax
- disposal
- director
- Label
- Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter?
- Label
- Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter?
Embed
Settings
Select options that apply then copy and paste the RDF/HTML data fragment to include in your application
Embed this data in a secure (HTTPS) page:
Layout options:
Include data citation:
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.ibfd.org/portal/Morrison-v-HMRC--contigent-liabilities-for/AJL5JnkfEE0/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.ibfd.org/portal/Morrison-v-HMRC--contigent-liabilities-for/AJL5JnkfEE0/">Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter?</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.ibfd.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.ibfd.org/">International Bureau of Fiscal Documentation</a></span></span></span></span></div>
Note: Adjust the width and height settings defined in the RDF/HTML code fragment to best match your requirements
Preview
Cite Data - Experimental
Data Citation of the Item Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter?
Copy and paste the following RDF/HTML data fragment to cite this resource
<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.ibfd.org/portal/Morrison-v-HMRC--contigent-liabilities-for/AJL5JnkfEE0/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.ibfd.org/portal/Morrison-v-HMRC--contigent-liabilities-for/AJL5JnkfEE0/">Morrison v HMRC : contigent liabilities for capital gains tax - does the hat matter?</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.ibfd.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.ibfd.org/">International Bureau of Fiscal Documentation</a></span></span></span></span></div>
