Via this blogger's friends on the
UKSC Blog comes this link to the news of a forthcoming hearing by the United Kingdom's Supreme Court. The case is
Commissioners for Her Majesty’s Revenue and Customs (Appellant) v Tower MCashback LLP and another (Respondents). According to the UKSC Blog,
"The Supreme Court will consider ... a substantive issue (whether expenditure on the acquisition of a right to use software, which was funded by non-recourse loans from the owner of the software, can qualify for an allowance under section 45 of the Capital Allowances Act 2001 (the “CAA”))".
The two-day hearing in this case will begin on 21 February 2011.