*Greene King plc and another v Revenue and Customs Commissioners

Income tax – Corporation tax. In allowing the appellant taxpayers' appeal, the Court of Appeal, Civil Division, amongst other things, held that the creditor of a loan, in having assigned its right to receive interest on that loan to another company, had constituted a loan relationship, within the meaning of s 81 of the Finance Act 1996, between the assignee company and the company standing as debtor to the loan principal.

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