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Land dealing - an alternative to Capital Gains tax?

Language: English Series: Farm Tax Brief ; 12(7) July 1997, 52-53(2)Publication details: 1997Subject(s): Summary: Considers when income tax and Capital Gains Tax may be incurred on the sale of farm land and property. Illustrates through case law how the taxpayers` intention when initially purchasing the property may be taken into account.

Considers when income tax and Capital Gains Tax may be incurred on the sale of farm land and property. Illustrates through case law how the taxpayers` intention when initially purchasing the property may be taken into account.