STAFFORD COAL AND IRON COMPANY, LTD. v. BROGAN (H.M. INSPECTOR OF TAXES) STAFFORD COAL AND IRON COMPANY, LTD. v. COMMISSIONERS OF INLAND REVENUE
[1963] 2 Lloyd's Rep 83
HOUSE OF LORDS
Before Lord Reid, Lord Evershed, Lord Jenkins, Lord Hodson and Lord Devlin*
Revenue-Income tax-Distribution of surplus assets of mutual insurance company between members on winding up - Whether sums received by members were trading or capital receipts.