Mystery of the underwood
McKie, Simon
Mystery of the underwood - 2008 - Taxation 161(4165) 17 July 2008, 58-61(4) .
First in a series of two articles (see L144656), examines the disposal for capital gains tax purposes in light of the decision in Underwood v CRC. Points out that there is no legal definition of a disposal. Considers whether or not the transfer of beneficial ownership amounts to a disposal. Also looks at the treatment of transfers of assets into a trust; the nature of a promissory contract and the case of Jerome v Kelly. Detailed discussion of Underwood case.
UNDERWOOD V CRC
JEROME V KELLY (HMIT)
TAXATION OF CHARGEABLE GAINS ACT 1992
CAPITAL GAINS TAX
KIRBY V THORN EMI PLC
BERRY V WARNETT
PAINE V MELLER
BROOME V MONCK
WALL V BRIGHT
LYSAGHT V EDWARDS
CHANG V REGISTRAR OF TITLES
United Kingdom--
Mystery of the underwood - 2008 - Taxation 161(4165) 17 July 2008, 58-61(4) .
First in a series of two articles (see L144656), examines the disposal for capital gains tax purposes in light of the decision in Underwood v CRC. Points out that there is no legal definition of a disposal. Considers whether or not the transfer of beneficial ownership amounts to a disposal. Also looks at the treatment of transfers of assets into a trust; the nature of a promissory contract and the case of Jerome v Kelly. Detailed discussion of Underwood case.
UNDERWOOD V CRC
JEROME V KELLY (HMIT)
TAXATION OF CHARGEABLE GAINS ACT 1992
CAPITAL GAINS TAX
KIRBY V THORN EMI PLC
BERRY V WARNETT
PAINE V MELLER
BROOME V MONCK
WALL V BRIGHT
LYSAGHT V EDWARDS
CHANG V REGISTRAR OF TITLES
United Kingdom--