000			01289cab a2200253 4500
001			ABS55638
008			090401t1996 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u17703
041			_aeng
245			_aSwallow (HM Inspector of Taxes) v Shaibani
260			_c1996
350			_a0
490			_aRating & Valuation Reporter _v[1996] RVR 157-160(4)
520			_aLT 9 January 1996. The inspector of taxes (X) sought a determination of the market value of the freehold interest in a property owned by S, for capital gains tax purposes. The property was a cafe, restaurant and lodgings in a tertiary retail location. X said the value was £25,000 and S claimed it £68,000. X said the property was in a mixed locality and that he had included an additional sum for S to acquire the freehold. S claimed that the value was higher because he had received higher offers from prospective buyers and that the rents were artificially low due to works to be carried out. "Held" the market value of the freehold interest was £25,000.
650			_aCAPITAL GAINS TAX
650			_aCOMPARABLES
650			_aFREEHOLD INTEREST
650			_aLEASE TERMS
650			_aMARKET VALUE
650			_aSWALLOW V SHAIBANI
690			_aTAXATION-CASE LAW
942			_n0
948			_c04/03/1997
999			_c11740 _d11740