Taking factors into account
Taking factors into account
- 2003
- Estates Gazette (0312) 22 March 2003, 125(1) .
Rent factoring, the property finance technique of selling the right to receive rents has been affirmed by CA in "John Lewis Properties plc v Inland Revenue Commissioners" (CA [2003] PLSCS 20). Considers advantages for buyers and sellers. As at 27 May 2003, the Inland Revenue are seeking leaving to appeal to HL.
RENT FACTORING SCHEMES
JOHN LEWIS PROPERTIES PLC v INLAND REVENUE COMMISSIONERS
CORPORATION TAX
CHARGEABLE GAIN
Rent factoring, the property finance technique of selling the right to receive rents has been affirmed by CA in "John Lewis Properties plc v Inland Revenue Commissioners" (CA [2003] PLSCS 20). Considers advantages for buyers and sellers. As at 27 May 2003, the Inland Revenue are seeking leaving to appeal to HL.
RENT FACTORING SCHEMES
JOHN LEWIS PROPERTIES PLC v INLAND REVENUE COMMISSIONERS
CORPORATION TAX
CHARGEABLE GAIN