Furniss v Dawson
id:
furniss-v-dawson-323-4096375
title:
Furniss v Dawson
text:
Furniss v Dawson [1983] UKHL 4 is an important House of Lords case in the field of UK tax that extended the applicability of The Ramsay Principle. This came from W. T. Ramsay Ltd. v. Inland Revenue Commissioners [1982] AC 300 where a company had made a substantial capital gain and entered into a complex and self-cancelling series of transactions that generated an artificial capital loss. The House of Lords held that where a transaction has pre-arranged artificial steps which serve no commercial
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Furniss_v_Dawson
date created:
date modified:
2023-11-15T07:11:05Z
main entity:
{"identifier":"Q5509670","url":"https://www.wikidata.org/entity/Q5509670"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/e/eb/Royal_Coat_of_Arms_of_the_United_Kingdom_%28Tudor_crown%29.svg","width":512,"height":479}
fields total:
13
integrity:
14