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Decision Number: TC 02278
Appellant: McLaren Racing Limited
Respondent: The Commissioners for Her Majesty's Revenue & Customs
Chairmen / Special
Commissioners:
Charles HELLIER
Date Of Decision: 07/09/2012
Main Category: INCOME TAX/CORPORATION TAX
Main Subcategory: Profits
Notes: Corporation Tax – computation of trading profits – s 74 TA 1988 deductibility of
penalty imposed by motoring organisation and not by statute – appeal allowed
Decision(s) to Download: TC02278.pdf TC02278.pdf