United Kingdom statutory constructioncapital allowancesavoidance

Barclays Mercantile Business Finance Ltd v Mawson

[2004] UKHL 51

JurisdictionUnited Kingdom

CourtHouse of Lords

Year2004

StatusBinding authority

Key Principle

Lord Nicholls restated the Ramsay principle: the question is always one of statutory construction — what transaction has taken place and does it fall within the statutory provision on its true construction.

Area of Law

tax

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