Van den Berghs Ltd v Clark (Inspector of Taxes)

[1935] A.C. 431

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(Judgment by: Lord Wright)

Between: Van den Berghs Ltd - Appellant
And: Clark (Inspector of Taxes) - Respondent

Court:

Judges: Lord Atkin
Lord Tomlin
Lord Russell of Killowen
Lord MacMillan

Lord Wright

Subject References:
REVENUE
INCOME TAX
Agreement between Trade Rivals
Sum paid to terminate
Capital or Profits of Trade

Legislative References:
Income Tax Act, 1918 (8 & 9 Geo. 5, c. 40) - Sch. D, Case 1

Judgment date: 8 April 1935

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Judgment by:
Lord Wright

My Lords, I am in full agreement with the opinion which has just been delivered by my noble and learned friend Lord Macmillan, and I have nothing to add.