When are supposed payments from friends taxable? The payments at issue in the tribunal decision in Mullens were made to a legal adviser over a number of years. The procedural points raised by the case are essential for anyone considering litigation, including: the candour expected of witnesses; adverse inferences from a failure to provide witness evidence; the risk of conflicting stories emerging in different pieces of litigation; and the importance of being open in oral evidence.
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When are supposed payments from friends taxable? The payments at issue in the tribunal decision in Mullens were made to a legal adviser over a number of years. The procedural points raised by the case are essential for anyone considering litigation, including: the candour expected of witnesses; adverse inferences from a failure to provide witness evidence; the risk of conflicting stories emerging in different pieces of litigation; and the importance of being open in oral evidence.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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