000			01284cab a2200325 4500
001			WB3008-44
008			090401t1994 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u76258
041			_aeng
245			_aValuing estate and interest therein for tax
260			_c1994
350			_a0
490			_aTimes _v24 February 1994, 38(2)
520			_a"Gray v Inland Revenue Commissioners" CA 9 February 1994 concerned the valuation of farmland for capital transfer tax. Held that a tenanted freehold estate and a partnership interest which held the tenancy could be valued together as a single unit of property for CTT purposes. The Lands Tribunal has jurisdiction to value composite assets as an interest in land. (See Lady Fox`s Executors v IRC, LT ABS46487)
650			_aPROPERTY-LANDLORD AND TENANT-TENANCIES-AGRICULTURAL TENANCIES
650			_aCAPITAL TRANSFER TAX
650			_aFARMING PARTNERSHIP
650			_aFARMLAND
650			_aFINANCE ACT 1975 S38
650			_aFREEHOLD INTEREST
650			_aFREEHOLD REVERSION
650			_aLADY FOXS EXECUTORS V IRC
650			_aPARTNERSHIP SHARE
650			_aVACANT POSSESSION VALUE
650			_aValuation _96273
650			_aVALUE
690			_aTAXATION-CASE LAW
942			_n0
948			_c04/03/1997
999			_c47986 _d47986