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UK Supreme Court points way for life assurance industry on tax computations

Ralph Cunningham
July 20, 2011

Life assurance companies in the UK will have to use the amounts they enter in their Form 40 regulatory filings to calculate corporation tax bills, rather than the actual value of the assets underlying those amounts, after the Scottish Widows decision in the Supreme Court in London.

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Ralph Cunningham
Ralph Cunningham worked at ITR between 2004 and 2018 and is now a freelance journalist
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