Re Vandervell Trustees Ltd

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Re Vandervell Supervisor Ltd [1971] AC 912 is a case of UK tax law, with regard to the ability of Revenue to change tax assessments.

This case is the second in a series of decisions involving trust Tony Vandervell and his tax liabilities. The first is the Vandervell v Inland Revenue Commissioner , who cares whether oral instructions to transfer equitable interests in stock in accordance with the requirements of writing under the 1925 Property Act, article 53 (1) (c), and so whether dividend receipts are taxed.

The third is Re Vandervell Trustees Ltd (No. 2) , who cares whether Vandervell is taxable because he can have a fair interest through the trust he generates if he has exercised the option right.

Video Re Vandervell Trustees Ltd

Fakta

Lord Diplock also summarizes the facts as follows.

Maps Re Vandervell Trustees Ltd

Judgment

House of Lords held by the court has no jurisdiction under the RSC, Order 15, Rule 6 (2), to order that the Commissioner of Inland Revenue shall be added as a party to the proceedings, so that it may be determined if the dividends of the executor (which will determine tax liability) and the decision will be binding on the commissioner.

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See also

• British tax law
• English trust law

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Note

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References

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External links

Source of the article : Wikipedia