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Editorial Committee of the Cambridge Law Journal Taxation of Profits. Loss on Repayment of Five Year Loan. Capital or Revenue Loss? Author(s): John Tiley Source: The Cambridge Law Journal, Vol. 48, No. 3 (Nov., 1989), pp. 378-380 Published by: Cambridge University Press on behalf of Editorial Committee of the Cambridge Law Journal Stable URL: http://www.jstor.org/stable/4507315 . Accessed: 11/06/2014 00:33 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at . http://www.jstor.org/page/info/about/policies/terms.jsp . JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected]. . Cambridge University Press and Editorial Committee of the Cambridge Law Journal are collaborating with JSTOR to digitize, preserve and extend access to The Cambridge Law Journal. http://www.jstor.org This content downloaded from 62.122.72.48 on Wed, 11 Jun 2014 00:33:06 AM All use subject to JSTOR Terms and Conditions

Taxation of Profits. Loss on Repayment of Five Year Loan. Capital or Revenue Loss?

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Page 1: Taxation of Profits. Loss on Repayment of Five Year Loan. Capital or Revenue Loss?

Editorial Committee of the Cambridge Law Journal

Taxation of Profits. Loss on Repayment of Five Year Loan. Capital or Revenue Loss?Author(s): John TileySource: The Cambridge Law Journal, Vol. 48, No. 3 (Nov., 1989), pp. 378-380Published by: Cambridge University Press on behalf of Editorial Committee of the Cambridge LawJournalStable URL: http://www.jstor.org/stable/4507315 .

Accessed: 11/06/2014 00:33

Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at .http://www.jstor.org/page/info/about/policies/terms.jsp

.JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range ofcontent in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new formsof scholarship. For more information about JSTOR, please contact [email protected].

.

Cambridge University Press and Editorial Committee of the Cambridge Law Journal are collaborating withJSTOR to digitize, preserve and extend access to The Cambridge Law Journal.

http://www.jstor.org

This content downloaded from 62.122.72.48 on Wed, 11 Jun 2014 00:33:06 AMAll use subject to JSTOR Terms and Conditions

Page 2: Taxation of Profits. Loss on Repayment of Five Year Loan. Capital or Revenue Loss?

This content downloaded from 62.122.72.48 on Wed, 11 Jun 2014 00:33:06 AMAll use subject to JSTOR Terms and Conditions

Page 3: Taxation of Profits. Loss on Repayment of Five Year Loan. Capital or Revenue Loss?

This content downloaded from 62.122.72.48 on Wed, 11 Jun 2014 00:33:06 AMAll use subject to JSTOR Terms and Conditions

Page 4: Taxation of Profits. Loss on Repayment of Five Year Loan. Capital or Revenue Loss?

This content downloaded from 62.122.72.48 on Wed, 11 Jun 2014 00:33:06 AMAll use subject to JSTOR Terms and Conditions