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Decision Number: |
TC 00977 |
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Appellant:
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P A Lorber
(Decision No.1) |
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Respondent:
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The Commissioners for Her Majesty's Revenue & Customs |
Chairmen / Special
Commissioners: |
Sir Stephen Oliver QC
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Date Of Decision:
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03/02/2011 |
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Main Category:
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INCOME TAX/CORPORATION TAX |
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Main Subcategory:
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Other |
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Notes:
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TAXATION OF INCOME OF SPOUSES – Jointly held property – Joint bank and building society accounts – Taxpayer and wife named as joint holders – Half of income taxed as taxpayer’s – Taxpayer claimed that all income belonged to wife – No formal declaration to that effect – Appeal dismissed – TA 1988 ss 282A and 282B
TAXATION OF SETTLOR – Accounts held for taxpayer’s minor children – Taxpayer created accounts when holding power of attorney for his father – Whether taxpayer settlor in relation to the income – No – Appeal allowed – TA 1988 ss 660A and 660B
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Decision(s) to Download:
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TC00977.doc 
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