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INTERNATIONAL U.K. House of Lords

Lord Vestey’s Executor, and Vestey v Commissioner of Inland Revenue ; (2) Lord Vestey’s Executors and Vestey v Colquhoun (H M Inspector of Taxes); (3) Lord Vestey’s Executors and Vestey v Commissioner of Inland Revenue [1949] UKHL TC_31_1 (6 May 1949)

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(1) Lord Vestey’s Executor, and Vestey v Commissioner of Inland Revenue ; (2) Lord Vestey’s Executors and Vestey v Colquhoun (H M Inspector of Taxes); (3) Lord Vestey’s Executors and Vestey v Commissioner of Inland Revenue – [1949] UKHL TC_31_1 6 May 1949

Income Tax – Sur-tax – Avoidance of liability to tax – Transfer of assets to persons abroad – Settlement – Demise of properties situate abroad – Rent payable to trustees abroad and accumulated for benefit of lessors’ issue – Trustees empowered to lend without security – “ Power to enjoy income ” – Power to revoke or determine the settlement – ” Interest in any income arising under or property comprised in “a settlement” – Discovery – Income Tax Act, 1918 (8 & 9 Geo. V, c. 40), Section 125; Finance Act, 1936 (26 Geo. V & I Edw. VIII, c. 34). Section 18; Finance Act, 1938 (1 & 2 Geo. VI, c. 46), Sections 28, 38 and 41.
A HTML version of this file is not available click here to view the whole pdf version : [1963] UKHL TC_31_1

Source: https://www.bailii.org/

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