In ScottishPower (SPCL) Ltd and others v HMRC [2025] EWCA Civ 3 (17 January) the England and Wales Court of Appeal held that redress payments made by the taxpayers to consumers and charities pursuant to agreements made in settlement of regulatory investigations were deductible for the purposes of corporation tax. The Upper Tribunal decision was discussed in “Direct Tax Cases: Decisions from the UK Courts”, Irish Tax Review, 36/4 (2023).
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