Inland Revenue Commissioners v Spencer-Nairn
Inland Revenue Commissioners v Spencer-Nairn
- 1991
- Simon`s Tax Cases 1991 STC 60-79(20) .
Court of Session. Capital transfer tax - disposition - transfer of value - disposition to a connected person resulting in diminution of value of transferor`s estate - whether transferor intended to confer gratuitous benefit on any person - whether disposition such as might be expected in transaction at arm`s length between unconnected persons - Finance Act 1975 ss20(2), (4).
CAPITAL TRANSFER TAX
DIMINUTION IN VALUE
LANDOWNER
TRANSFER OF VALUE
Court of Session. Capital transfer tax - disposition - transfer of value - disposition to a connected person resulting in diminution of value of transferor`s estate - whether transferor intended to confer gratuitous benefit on any person - whether disposition such as might be expected in transaction at arm`s length between unconnected persons - Finance Act 1975 ss20(2), (4).
CAPITAL TRANSFER TAX
DIMINUTION IN VALUE
LANDOWNER
TRANSFER OF VALUE