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Decision Number: |
TC 02573 |
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Appellant:
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Alchemist (Devil's Gate) Film Partnership |
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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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05/10/2012 |
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Main Category:
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INCOME TAX/CORPORATION TAX |
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Main Subcategory:
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Partnership |
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Notes:
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FILMS – Relief for expenditure on production – Deferments –
Unconditional obligation to pay – Contracts between production company
and individual members of production team – Claim for relief by
Partnership – Deferred amounts payable to cast and crew as and when
exploitation income was received from sales agent – No exploitation income
received by Partnership in year of claim – Whether agreement between
production company and Partnership transferred obligation to pay
deferments to Partnership – Whether an unconditional obligation to pay
deferments in year of claim – Appeal dismissed – F(No.2)A 1992 s.42 and
F(No.2)A 1997 s.48 – CAA 2001 s.5(1) and(5) |
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Decision(s) to Download:
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TC02573.pdf 
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