Stamp duty on development
Stamp duty on development
- 1992
- Estates Gazette Case Summaries (1992) EGCS 127(2) (7/11/92) .
"Prudential Assurance Co Ltd v Commissioners of Inland Revenue" ChD 29 October 1992. It was held that stamp duty was only due on the conveyance of the land and on building works so far as they were completed at the time of transfer and not on the conveyance and the complete development agreement as contended by the CIR.
BUILDING WORKS
CONVEYANCING
SALE OF LAND
STAMP DUTY
"Prudential Assurance Co Ltd v Commissioners of Inland Revenue" ChD 29 October 1992. It was held that stamp duty was only due on the conveyance of the land and on building works so far as they were completed at the time of transfer and not on the conveyance and the complete development agreement as contended by the CIR.
BUILDING WORKS
CONVEYANCING
SALE OF LAND
STAMP DUTY