IBAs-RIP
Sanger, Christopher
IBAs-RIP - 2007 - Taxation 160(4138) 20 December 2007, 657-660(4) .
Examines the policy rationale behind the abolition of industrial business allowances (IBA). Argues that this is more significant than the abolition of capital gains tax taper relief and that this will place a burden on some sectors. Considers the likely impact and suggests that abolishing IBAs will create uncertainty for investors. Recommends a grandfathering provision for existing assets.
United Kingdom--
IBAs-RIP - 2007 - Taxation 160(4138) 20 December 2007, 657-660(4) .
Examines the policy rationale behind the abolition of industrial business allowances (IBA). Argues that this is more significant than the abolition of capital gains tax taper relief and that this will place a burden on some sectors. Considers the likely impact and suggests that abolishing IBAs will create uncertainty for investors. Recommends a grandfathering provision for existing assets.
United Kingdom--