Upper Tribunal delivers HMRC v BAA decision

Managing Editor
AccountingWEB.co.uk
Share this content
0

The Upper Tribunal has delivered the decision in Commissioners for HMRC v BAA Limited, reversing the First Tier Tribunal's decision which found in favour of BAA.

As a result the VAT incurred by the bidco, BAA Limited, on advisers' fees in connection with the takeover of the BAA plc group in 2006 has been declared irrecoverable.

Please Login or Register to read the full article

Replies

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.