Locked-in value

Locked-in value - 1996 - Taxation 137(3571) 5 September 1996, 620-622(3) .

Discusses "Walton (Executor of Walton deceased) v IRC" which considered the valuation of a farm tenancy within a partnership share. Concludes that the principles of the case are equally valid for capital gains tax.


CAPITAL GAINS TAX
CAPITAL TRANSFER TAX
HALF SHARE
PARTNERSHIP SHARE
VALUE
WALTON CASE
WALTONS EXECUTORS V INLAND REVENUE COMMISSIONERS