BAILII is celebrating 24 years of free online access to the law! Would you consider making a contribution?

No donation is too small. If every visitor before 31 December gives just £1, it will have a significant impact on BAILII's ability to continue providing free access to the law.
Thank you very much for your support!



BAILII [Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback]

United Kingdom Upper Tribunal (Tax and Chancery Chamber)
You are here: BAILII >> Databases >> United Kingdom Upper Tribunal (Tax and Chancery Chamber) >> Bristol & West Plc v Revenue And Customs [2014] UKUT 73 (TCC) (14 February 2014)
URL: http://www.bailii.org/uk/cases/UKUT/TCC/2014/73.html
Cite as: [2014] STI 869, [2014] UKUT 73 (TCC), [2014] BTC 507, [2014] STC 1048

[New search] [Printable PDF version] [Help]


Bristol & West Plc v Revenue And Customs [2014] UKUT 73 (TCC) (14 February 2014)


Taxation of profits made on sale or transfer of derivatives under Finance Act 2002. Whether transfer disregarded between subsidiaries where one of the companies is not subject to the regime under the 2002 Act. Closure Notice – whether effective when sent by mistake known to the tax payer company. Held: The transfer was not to be disregarded for the purposes of the 2002 Act but the Closure Notice was effective and prevented HMRC from seeking to claim tax in that tax year arising out of the transfer between the two companies. Appeal allowed.

A HTML version of this file is not available click here or view below the pdf version : 73.pdf

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII
URL: http://www.bailii.org/uk/cases/UKUT/TCC/2014/73.html