Chancery Division.

Jonathan Parker J.

Judgment delivered 19 November 1996.

Capital gains tax – Rollover relief – Whether taxpayer provided money for purchase of new asset – Capital Gains Tax Act 1979, s. 115–120 (Taxation of Chargeable Gains Act 1992, s. 152–157).

Income tax – Close company – Distributions – Whether full value given by taxpayer for sum received – Whether taxpayer beneficiary of alleged distribution.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.