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United Kingdom

Tower MCashback LLP 1 v Revenue and Customs Commissioners

[2011] UKSC 19
JurisdictionUnited Kingdom
Year2011
Statusunclear

Key Principle

The Supreme Court held that expenditure on software licences was not qualifying expenditure for capital allowances because the scheme was a tax avoidance arrangement without genuine commercial substance.

Area of Law

tax

Related Cases

Commissioner of Taxation v Consolidated Media Holdings Ltd (2012) 250 CLR 503
Federal Commissioner of Taxation v Consolidated Media Holdings Ltd (Statutory Construction) [2012] HCA 55
Aid/Watch Inc v Commissioner of Taxation (2010) 241 CLR 539

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