Mystery of the underwood
Language: English Series: Taxation ; 161(4165) 17 July 2008, 58-61(4)Publication details: 2008Subject(s):- 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 --
- PROPERTY-PROPERTY TAXATION-PROPERTY TAX ALLOWANCES-CAPITAL ALLOWANCES
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L144447 (Browse shelf(Opens below)) | 1 | Available | 144447-1001 |
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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.