Value of freehold interest
Value of freehold interest
- 1991
- Estates Gazette Case Summaries (1991) EGCS 116 (23/11/91) .
"Lady Fox`s Exors v Inland Revenue Commissioners" LT 11 November 1991. It was held that the deceased`s freehold interest in land and her share in the partnership business did not constitute a single unit of property for valuation under Finance Act 1975 s38 for capital transfer tax.
PROPERTY-LANDLORD AND TENANT-TENANCIES-AGRICULTURAL TENANCIES
CAPITAL TRANSFER TAX
FARMING PARTNERSHIP
FINANCE ACT 1975 S38
FREEHOLD INTEREST
FREEHOLD REVERSION
INHERITANCE TAX
PARTNERSHIP SHARE
Valuation
VALUE
"Lady Fox`s Exors v Inland Revenue Commissioners" LT 11 November 1991. It was held that the deceased`s freehold interest in land and her share in the partnership business did not constitute a single unit of property for valuation under Finance Act 1975 s38 for capital transfer tax.
PROPERTY-LANDLORD AND TENANT-TENANCIES-AGRICULTURAL TENANCIES
CAPITAL TRANSFER TAX
FARMING PARTNERSHIP
FINANCE ACT 1975 S38
FREEHOLD INTEREST
FREEHOLD REVERSION
INHERITANCE TAX
PARTNERSHIP SHARE
Valuation
VALUE