MacNiven v. Westmoreland Investments Ltd., [2001] 1 All ER 865 (HL)

In order to generate an interest deduction for accrued interest owing by an insolvent company ("WIL") to its shareholder (a pension fund) pursuant...

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In order to generate an interest deduction for accrued interest owing by an insolvent company ("WIL") to its shareholder (a pension fund) pursuant...

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After noting that Aldous L.J. stated in British and Commonwealth Holdings plc v. Barclays Bank plc 1 All ER 381 at 395 that "the words 'financial...

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Before declining to apply the Ramsay line of cases to find (as alleged by the Crown) that the taxpayer in fact did not make a "payment" of...

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