Jones v Garnett (Arctic Systems): another way of getting to the same result

JR Kerridge

Research output: Contribution to journalArticle (Academic Journal)peer-review

Abstract

Comments on the House of Lords judgment in Jones v Garnett (Inspector of Taxes), the Arctic Systems case, on whether dividends paid to the wife of the fee-earner in a small family company were subject to the settlements rules. Considers whether to establish a company with equal shareholdings amounted to a settlement, an element of bounty was present, but the wife's share was an outright gift and not substantially a right to income. Considers whether income-splitting between spouses under separate taxation is abusive. Examines the case for a comprehensive review of married couples' taxation.
Translated title of the contributionJones v Garnett (Arctic Systems): another way of getting to the same result
Original languageEnglish
Pages (from-to)591 - 597
Number of pages7
JournalBritish Tax Review
Volume2007 (5)
Publication statusPublished - Sep 2007

Bibliographical note

Publisher: Sweet and Maxwell

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