NO REPLACEMENT FOR EIS COMPLIANCE RELIEF MISTAKE IN X-WIND

摘要

The Upper Tribunal in X-Wind Power Ltd v Revenue and Customs [2017] UKUT 290 dismissed an appeal against the FTT decision in X-Wind Power Ltd v Revenue and Customs [2016] UKFTT 317. In September 2012, X-Wind, a company specialising in the design and manufacture of small and medium-sized wind turbine generators, issued shares to eight initial investors. Further shares were issued in December 2013 and January 2014 in exchange for additional investments.