Hearings
Canada
13 Dec 1955 [1956] AC 85; [1956] 2 WLR 31; [1956] 1 All ER 20, PC
Minister of National Revenue v Anaconda American Brass Ltd
Subject Matter
REVENUE — Canada — Revenue — Excess profits tax — Manufacturing company — Method of computing profits — Relevant cost of raw materials — F.I.F.O. or first-in-first-out assumption applicable — Proper weight to be given to ascertainable facts — L.I.F.O. or last-in-first-out method inappropriate — (Canadian) Excess Profits Tax Act, 1940, c. 32, s. 3.
[1956] AC 85; [1956] 2 WLR 31; [1956] 1 All ER 20, PC
REVENUE — Income tax — Profits of trade — Cost of raw materials.
[1956] AC 85; [1956] 2 WLR 31; [1956] 1 All ER 20, PC