The Weekly Law Reports
[1963] 1 WLR 173
[CHANCERY DIVISION.]
F. S. SECURITIES LTD.
v.
INLAND REVENUE COMMISSIONERS.
1962 Nov. 20,
21;
Dec. 7.
Dec. 7.
Ungoed-Thomas J.
Revenue
— Income tax
— Profits of trade
— Dividend stripping
— Dealer in Stocks and shares
— Whether dividends “investment income”
— Whether investment company
—
Income Tax Act, 1952 (15 & 16 Geo. 6 & 1 Eliz. 2, c. 10), ss. 257 (2), 525 (1).
[1]
Revenue
— Surtax
— Company
— Investment company
— “Investment income”
— Income from dividend stripping
— Whether dealer “investment company”
—
Income Tax Act, 1952, ss. 257 (2), 525 (1).