000 00963cam a2200217 4500
001 ABS63495
008 000000n2001 000 0 eng u
035 _a(Sirsi) u110626
100 _aStean, M.
245 _aAccidental fruits of Labour
260 _c2001
490 _aEstates Gazette
_v(0102) 13 January 2001, 139(1)
520 _aDescribes plans to introduce a tax deferral relief that will allow companies who sell a substantial holding, defined by the Inland Revenue at 20%, to avoid paying tax on the proceeds of the sale if they are reinvested in a similar holding in a new trading company. Although aimed at discouraging multinationals from investing through foreign rather than UK companies the move is expected to encourage the property development industry.
590 _aABS
650 _aCORPORATION TAX
650 _aPROPERTY DEVELOPERS
650 _aPROPERTY DEVELOPMENT
650 _aTAX RELIEF
690 _aTAXATION
942 _n0
999 _c65923
_d65923