Inland Revenue Commissioners v Alexander (Record no. 30727)

MARC details
000 -LEADER
fixed length control field 01501cab a2200205 4500
001 - CONTROL NUMBER
control field ABS44777
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 090401t1991 xxu||||| |||| 00| 0 eng d
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u49022
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
245 ## - TITLE STATEMENT
Title Inland Revenue Commissioners v Alexander
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 1991
350 ## - PRICE (NR) (BK AM CF MU VM SE) [OBSOLETE]
Price 0
490 ## - SERIES STATEMENT
Series statement Rating & Valuation Reporter
Volume/sequential designation (1991) 31 RVR 87-92(6)
520 ## - SUMMARY, ETC.
Summary, etc. CA 17 January 1991. Mrs A had acquired a long lease on a flat granted by the local authority under right to buy provisions of Housing Act 1980 s7 at a discount of £24,600. The lease contained a covenant under s8 of the Act that the tenant would pay a percentage of the discount if, within five years of granting the lease, it was assigned or sublet to another party for a period of more than 21 years at anything other than a rack rent. On 17 January 1988 Mrs A died. The LT held that the open market value for capital transfer tax at the relevant date was £63,000 based on similar properties where the vendor was under a liability to repay a discount to the council and was therefore reflected in the open market value. It was also held the LT had no jurisdiction to decide any extent of liability between the hypothetical vendor and a third party (the council) as this did not affect open market value. The IRC appeal was allowed on the grounds that tax was charged on the value transferred which
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element HOUSING ACT 1980 S8
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element LAW CASE
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element TAXATION-CASE LAW
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
948 ## - LOCAL PROCESSING INFORMATION (OCLC); SERIES PART DESIGNATOR (RLIN)
c (OCLC) 04/03/1997
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 14/09/1999   ABS44777 49022-1001 06/08/2019 1 06/08/2019 Law report