Jones v Garnett (Arctic Systems): another way of getting to the same result
Comments on the House of Lords judgment in Jones v Garnett (Inspector of Taxes), the Arctic Systems case, on whether dividends paid to the wife of the fee-earner in a small family company were subject to the settlements rules. Considers whether to establish a company with equal shareholdings amounte...
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ftubristolcris:oai:research-information.bris.ac.uk:publications/f8fa4a10-fcb1-46ea-99b3-c7b26a041630 2023-05-15T14:22:54+02:00 Jones v Garnett (Arctic Systems): another way of getting to the same result Kerridge, JR 2007-09 http://hdl.handle.net/1983/f8fa4a10-fcb1-46ea-99b3-c7b26a041630 https://research-information.bris.ac.uk/en/publications/f8fa4a10-fcb1-46ea-99b3-c7b26a041630 eng eng info:eu-repo/semantics/restrictedAccess Kerridge , JR 2007 , ' Jones v Garnett (Arctic Systems): another way of getting to the same result ' , British Tax Review , vol. 2007 (5) , pp. 591 - 597 . article 2007 ftubristolcris 2021-08-02T09:59:15Z Comments on the House of Lords judgment in Jones v Garnett (Inspector of Taxes), the Arctic Systems case, on whether dividends paid to the wife of the fee-earner in a small family company were subject to the settlements rules. Considers whether to establish a company with equal shareholdings amounted to a settlement, an element of bounty was present, but the wife's share was an outright gift and not substantially a right to income. Considers whether income-splitting between spouses under separate taxation is abusive. Examines the case for a comprehensive review of married couples' taxation. Comments on the House of Lords judgment in Jones v Garnett (Inspector of Taxes), the Arctic Systems case, on whether dividends paid to the wife of the fee-earner in a small family company were subject to the settlements rules. Considers whether to establish a company with equal shareholdings amounted to a settlement, an element of bounty was present, but the wife's share was an outright gift and not substantially a right to income. Considers whether income-splitting between spouses under separate taxation is abusive. Examines the case for a comprehensive review of married couples' taxation. Article in Journal/Newspaper Arctic Arctic University of Bristol: Bristol Research Arctic |
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Open Polar |
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University of Bristol: Bristol Research |
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ftubristolcris |
language |
English |
description |
Comments on the House of Lords judgment in Jones v Garnett (Inspector of Taxes), the Arctic Systems case, on whether dividends paid to the wife of the fee-earner in a small family company were subject to the settlements rules. Considers whether to establish a company with equal shareholdings amounted to a settlement, an element of bounty was present, but the wife's share was an outright gift and not substantially a right to income. Considers whether income-splitting between spouses under separate taxation is abusive. Examines the case for a comprehensive review of married couples' taxation. Comments on the House of Lords judgment in Jones v Garnett (Inspector of Taxes), the Arctic Systems case, on whether dividends paid to the wife of the fee-earner in a small family company were subject to the settlements rules. Considers whether to establish a company with equal shareholdings amounted to a settlement, an element of bounty was present, but the wife's share was an outright gift and not substantially a right to income. Considers whether income-splitting between spouses under separate taxation is abusive. Examines the case for a comprehensive review of married couples' taxation. |
format |
Article in Journal/Newspaper |
author |
Kerridge, JR |
spellingShingle |
Kerridge, JR Jones v Garnett (Arctic Systems): another way of getting to the same result |
author_facet |
Kerridge, JR |
author_sort |
Kerridge, JR |
title |
Jones v Garnett (Arctic Systems): another way of getting to the same result |
title_short |
Jones v Garnett (Arctic Systems): another way of getting to the same result |
title_full |
Jones v Garnett (Arctic Systems): another way of getting to the same result |
title_fullStr |
Jones v Garnett (Arctic Systems): another way of getting to the same result |
title_full_unstemmed |
Jones v Garnett (Arctic Systems): another way of getting to the same result |
title_sort |
jones v garnett (arctic systems): another way of getting to the same result |
publishDate |
2007 |
url |
http://hdl.handle.net/1983/f8fa4a10-fcb1-46ea-99b3-c7b26a041630 https://research-information.bris.ac.uk/en/publications/f8fa4a10-fcb1-46ea-99b3-c7b26a041630 |
geographic |
Arctic |
geographic_facet |
Arctic |
genre |
Arctic Arctic |
genre_facet |
Arctic Arctic |
op_source |
Kerridge , JR 2007 , ' Jones v Garnett (Arctic Systems): another way of getting to the same result ' , British Tax Review , vol. 2007 (5) , pp. 591 - 597 . |
op_rights |
info:eu-repo/semantics/restrictedAccess |
_version_ |
1766295420133179392 |