Commentary

B1.446 State trading organisations

Business tax
Business tax | Commentary

B1.446 State trading organisations

Business tax | Commentary

B1.446 State trading organisations

In the case of certain nationalised and state controlled organisations whether general or local, it is expressly provided that they are not exempt from liability for any tax, duty, rate, levy or other charge whatsoever. To the extent, therefore, that these organisations carry on trading activities they are treated as other trading organisations, and not as government departments.

These organisations include:

  1.  

    (a)     development corporations established for new towns1;

  2.  

    (b)     the London Transport Board2;

  3.  

    (c)     the Civil Aviation Authority3; and

  4.  

    (d)     the Commonwealth Development Corporation (when the Crown ceases to hold a share in the Corporation)4.

The British Broadcasting

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