000			01309cab a2200241 4500
001			ABS55903
008			090401t xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u19644
041			_aeng
245			_aGoodwin v Curtis (Inspector of Taxes)
260			_c[1996} STC 1146-1162(18)
350			_a0
490			_aSimon`s Tax Cases _v[1996} STC 1146-1162(18)
520			_aChD 23 July 1996. G formed a company and arranged short-term finance to purchase property which included a farmhouse. When the company exchanged contracts, it it entered into a contract by way of sub-sale of the farmhouse to G for £70,000, who then took up residence. The farmhouse was sold a few months later for £177,000 and G purchased a cottage, which he then sold and a house which he also sold. G was assessed for capital gains taxon the farmhouse sale and the General Commissioners held that the gain accruing on disposal of the farmhouse was not exempt. G appealed. "Held" G`s residence in the farmhouse was intended to be brief. Appeal dismissed.
650			_aCAPITAL GAINS TAX ACT 1979 S101
650			_aCAPITAL GAINS TAX
650			_aGOODWIN V CURTIS (INSPECTOR OF TAXES)
650			_aPRIVATE RESIDENCE EXEMPTION
650			_aTAX RELIEF
690			_aTAXATION-CASE LAW
942			_n0
948			_c04/03/1997
999			_c13140 _d13140