Rugby club taxed on disposal
Language: English Series: Financial Times ; 1/4/87 p8Publication details: 1987Subject(s): Summary: In Inland Revenue Commissioners v Frampton and Another , CA 26 March 1987, it was held that a sports club , though unincorporated and incapable of holding land, is a "person" for development land tax purposes and therefore is deemed to have disposed of land disposed of by its trustees.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2314-39 (Browse shelf(Opens below)) | 1 | Available | 55920-1001 |
In Inland Revenue Commissioners v Frampton and Another , CA 26 March 1987, it was held that a sports club , though unincorporated and incapable of holding land, is a "person" for development land tax purposes and therefore is deemed to have disposed of land disposed of by its trustees.