WebApr 7, 2024 · The time honoured cannon of interpretation of tax statutes is to apply the literal rule. Rowlatt J. in CAPE BRANDY vs IRC (1921) 2K.B 403 held thus: “In a taxing Act, one … WebThe principle of strict interpretation of taxing statutes was best enunciated by Rowlatt J. in his classic statement in Cape Brandy Syndicate v I.R. (1 KB 64, 71): "In a taxing …
STRICT CONSTRUCTION OF TAXING STATUTES – LLB Notes
WebJan 30, 2024 · In order to further promote the reform of “streamlining administration, delegating power and improving regulation and services” in taxation system, constantly optimize Guangzhou’s business environment in taxation, and effectively resolve bottlenecks inconveniencing tax and fee payment, the Guangdong Provincial Tax Service of the State … WebMar 31, 2024 · A taxing statute has to be interpreted in the light of what is clearly expressed; it cannot imply anything which is not expressed; it cannot import provisions in the statute … midhurst community palliative care team
Construction of Taxing Statutes and Evasion of Statutes
WebInterpretation of Taxing Statutes A taxing statute is one which imposes taxes on income or certain other kinds of transactions. It may be in the form of income tax, wealth tax, sales … WebDec 11, 2024 · The meaning of an expression is extended by way of Explanation and is curtailed by way of the proviso, sometimes more than one provisos and explanations … WebJul 25, 2024 · Construction of taxing statute: Statutes imposing taxes or monetary burdens are to be strictly construed. The logic behind this principle is that imposition of taxes is … news roe you