Revenue Precedents

Whether deed of covenant for period which exceeds or may exceed 6 years, where payments made for period less than 6 years; whether UK case law relevant in deciding if covenant for a sufficient period. The fact that payments under deed are made for less than 6 years does not render the deed ineffective; UK case law is relevant, although the wording is different. IT932009

A covenant made in consideration of child minding services, where the parties are cohabiting is not an effective disposition of income. The payment is not pure income profit in the hands of the recipient. IT932022