000			01353cam a2200253 4500
001			X113026
008			000000n2001 000 0 eng u
035			_a(Sirsi) u113026
100			_aHart, C.
245			_aAgricultural tenancies
260			_c2001
490			_aTaxation _v147(3805) 3 May 2001, 116-117(2)
520			_aConfirms that both the freehold interest and tenancy will have a value for inheritance tax and capital gains tax in the part disposal on farmland subject to an agricultural tenancy. Discusses the "Baird" method of valuation, for use where both parties can claim to be bona fide special purchasers of the other's interest, and the "Walton" method, which should be adopted where neither party can be shown to be willing to purchase the other's interest, but notes that different approaches can be adopted in respect of the two interests. Observes that it can pay for family members not to act as connected persons in such circumstances.
650			_aBAIRDS EXECUTORS V INLAND REVENUE COMMISSIONERS
650			_aCAPITAL GAINS TAX
650			_aFREEHOLD INTERESTS
650			_aINHERITANCE TAX
650			_aPART DISPOSAL
650			_aVALUATION METHODS
650			_aWALTONS EXECUTORS V INLAND REVENUE COMMISSIONERS
690			_aLANDLORD AND TENANT-AGRICULTURAL TENANCIES
700			_aSheard, M.
942			_n0
999			_c67273 _d67273