Milk quotas: legal and taxation implications
Hill, S.
Milk quotas: legal and taxation implications - 1988 - Law Society`s Gazette 85(3) 20 January 1988, 19-20(2) .
Examines the treatment for tax purposes of payments received for quota transfer , whether CGT is payable on the disposal of an asset, and the payment of VAT . Also looks at difficulties which can arise with quota where there has been a mortgage of land in favour of a bank, the position of quota in connection with the sale or purchase of a dairy farm, and the effect of quota on grazing agreements .
MILK QUOTAS
Milk quotas: legal and taxation implications - 1988 - Law Society`s Gazette 85(3) 20 January 1988, 19-20(2) .
Examines the treatment for tax purposes of payments received for quota transfer , whether CGT is payable on the disposal of an asset, and the payment of VAT . Also looks at difficulties which can arise with quota where there has been a mortgage of land in favour of a bank, the position of quota in connection with the sale or purchase of a dairy farm, and the effect of quota on grazing agreements .
MILK QUOTAS