The Ghelanis case
June 18th, 2014
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The Ghelanis case concerns the application of the associated companies rules for corporation tax purposes, and specifically the issue of determining whether companies which are under the control of more than one person are associated.
This is an important case which could have significant implications for both advisers, in terms of the advice they give to their clients, and for clients, in terms of the impact on their corporation tax liabilities. It demonstrates just how easy it can be for companies to fall foul of rules which they might otherwise feel they are in compliance with.
Simon Groom, Director of Exam Training and Practical Guidance, and Ravi Hindocha, Assistant Tax Manager, Corporate Tax discuss the Ghelanis case, which looks at the associated companies rules and its impact on companies' corporation tax liabilities.
Watch the video