Alexander decision and the tenancy valuation
Alexander decision and the tenancy valuation
- 1991
- Farm Tax Brief 6(5) May 1991, 33-36(4) .
Discusses the case of Alexander v Inland Revenue Commissioners (WB2705-64) which held that the Crossman principle , that for Capital Transfer Tax purposes any restrictions on a valuation should be ignored, should also apply to Inheritance Tax and looks at its relevance for farm property.
PROPERTY-LANDLORD AND TENANT-TENANCIES-AGRICULTURAL TENANCIES
INLAND REVENUE COMMISSIONERS V CROSSMAN
Discusses the case of Alexander v Inland Revenue Commissioners (WB2705-64) which held that the Crossman principle , that for Capital Transfer Tax purposes any restrictions on a valuation should be ignored, should also apply to Inheritance Tax and looks at its relevance for farm property.
PROPERTY-LANDLORD AND TENANT-TENANCIES-AGRICULTURAL TENANCIES
INLAND REVENUE COMMISSIONERS V CROSSMAN