| Journal Call no. | HJ2240.T39 |
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| Author | Chung, Jimmy. |
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| Article Title | Severance payments and the Privy Council's decision on Cosmotron / Jimmy Chung. |
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| Is Part Of | The tax journal ; v.1, no.10, p.23. |
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| Abstract | The deduction claim by Cosmotron Manufacturing Company Limited (Cosmotron) in respect of severance payments made upon cessation of business was confirmed by the Privy Council in June 1997. The article examines the taxation implications of the payments to employers and employees, particularly with reference to the outcome of the Cosmotron case. |
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