McClure v Petre
| Jurisdiction | England & Wales |
| Judgment Date | 13 July 1988 |
| Date | 13 July 1988 |
| Court | Chancery Division |
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10 cases
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Able (UK) Ltd v HM Revenue and Customs
...asset remains in existence and is the property of the recipient (see the proposition enunciated by Sir Nicolas Browne-Wilkinson V-C in McClure v Petre [1988] 1 WLR 1386 at 1393A). That principle may be applied to cases where an asset has the capacity to provide a number of distinct sources ......
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West Burton Property Ltd
...items of a capital nature. In this regard, he relied on the judgment of Sir Nicolas Browne-Wilkinson V-C in McClure (HMIT) v Petre (1988) BTC 377 (“McClure”). In McClure, which was a case in relation to the old Schedule A, the question at issue was whether certain lump sum payments received......
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Inland Revenue Commissioners v John Lewis Properties Plc
...Ashmore Ltd ELR[1971] Ch 545 MacNiven v Westmoreland Investments Ltd TAXWLR[2001] BTC 44; [2001] 2 WLR 277 McClure (HMIT) v Petre TAXWLR[1988] BTC 377; [1988] 1 WLR 1386 National Provincial Bank Ltd v Hastings Car Mart Ltd ELR[1965] AC 1175 Nethersole v Withers (HMIT) TAX(1948) 28 TC 501 Pa......
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Commissioners of Inland Revenue v John Lewis Properties Ltd
...if any, secured or exhausted in the process." 14 Sir Nicolas Browne-Willkinson VC summed up the approach in a similar way in McClure (Inspector of Taxes) v Petre [1988] STC 749, 754: "In my judgment it is equally established by authority that to decide whether a particular receipt is in the......
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1 books & journal articles
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The historical significance of the High Court's decision in Federal Commissioner of Taxation v. The Myer Emporium Ltd.
...(156) Ibid 51. (157) Inland Revenue Commissioners v John Lewis Properties pie [2003] Ch 513 ('John Lewis 2003'). (158) McClure v Petre [1988] 1 WLR 1386, 1389 (Browne-Wilkinson (159) See John Lewis 2003 [2003] Ch 513, 521-2, 531 (Arden L J), 541-2 (Dyson LJ). (160) Ibid 551. (161) Ibid 534-......