Arctic Systems: Full judgment released
The official version of the full judgment in the 'Arctic Systems' case of Jones v Garnett has been released.
In his concluding remarks, Justice Park said: "The decision of the Special Commissioners in this case has attracted considerable attention among professional tax advisers.
"It seems to have caused much consternation. In my view apprehensions that almost every case of a husband and wife company is going to be affected by this case are greatly exaggerated.