TaxCorporate TaxDecision in ‘husband and wife’ tax case questioned

Decision in 'husband and wife' tax case questioned

A controversial decision in the recent Arctic Systems Section 660 tax case, which found in favour of the Inland Revenue, may have been incorrect, according to Ernst & Young.

Link: Revenue to review S660

The decision in the so-called ‘husband and wife’ tax case could be overturned after the Big Four firm, together with the Professional Contractors Group, sought legal counsel.

The case was decided at the end of September, although the two Revenue Special Commissioners were divided in their opinion. Anne Redston, a tax partner at E&Y, said neither of the two commissioners has a ‘casting vote’ despite one being a ‘presiding’ commissioner.

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