COURT OF APPEAL UPHOLDS EARLIER DECISION ON SAMARKAND

摘要

The Court of Appeal in Samarkand Film Partnership No. 3 & Ors v Revenue and Customs [2017] EWCA Civ 77 upheld the Upper Tribunal decision (Samarkand [2015] UKUT211) and the FTT decision (Samarkand [2011] UKFTT 610) that film partnerships, Samarkand and Proteus, were not trading and hence the claim for tax relief for the financing of films failed.