Commentary

B5.656 Concerns where profits arise out of land—inland navigation

Business tax
Business tax | Commentary

B5.656 Concerns where profits arise out of land—inland navigation

Business tax | Commentary

B5.656 Concerns where profits arise out of land—inland navigation

In Humber Conservancy Board v Bater1, the Board was assessed as a concern under what became ICTA 1988, s 55 (rewritten in ITTOIA 2005, s 12 for income tax purposes from 2005/06 and CTA 2009, s 39 for corporation tax purposes from 1 April 2009, see B5.651). It was lessee of certain areas of foreshore and of the bed of the river Humber, but possessed no wharves or docks. It acted as conservator of the river and received contributions from four railway companies. The High Court decided that the Board was

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