000 00950cam a2200181 4500
001 X106687
008 000000n2000 000 0 eng u
035 _a(Sirsi) u106687
245 _aTaxation
260 _c2000
490 _aEstates Gazette Case Summaries
_v[2000] EGCS 62
520 _a"Garner (HMIT) v Pounds Shipowners & Shipbreakers Ltd; Garner (HMIT) v Pounds" HL 22 May 2000. Taxpayer granting option to buy land- Payment dependent upon taxpayer obtaining release from covenants. Release obtained for consideration of £90,000. Taxpayer receiving £399.750 - Whether £90,000 deductible for purposes of calculating chargeable gain. commissioners holding £90,000 deductible. High Court dismissing Revenue's appeal - Revenue's appeal allowed. Taxpayer appeal dismissed. (Taken from headnote)
650 _aOPTION TO PURCHASE
650 _aCAPITAL GAINS TAX
650 _aCHARGEABLE GAIN
690 _aTAXATION-CASE LAW
942 _n0
999 _c63870
_d63870