The House of Lords has ruled that Deutsche Morgan Grenfell, an investment bank, is entitled to reclaim tax it paid the Inland Revenue by mistake in the 1990s. The judgement, which was 4-1 in favour, went along with a verdict that the High Court gave, which contradicted an appeal court ruling that said taxpayers have six years from the time the tax was paid, rather than six years from the time the mistake was discovered, to claim refunds
October 31 2006