|[Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback]|
United Kingdom Upper Tribunal (Tax and Chancery Chamber)
You are here: BAILII >> Databases >> United Kingdom Upper Tribunal (Tax and Chancery Chamber) >> Land Securities PLC v HM Revenue & Customs FTC/11/2012  UKUT 124 (TCC) (14 March 2013)
Cite as:  UKUT 124 (TCC)
[New search] [View without highlighting] [Printable PDF version] [Help]
Land Securities PLC v HM Revenue & Customs FTC/11/2012  UKUT 124 (TCC) (14 March 2013)
"Corporation tax on capital gains – scheme to generate a capital loss in reliance on the identification rules for matching a disposal of shares with an acquisition under s 106 TCGA 1992 – value shifting rules in s 30 TCGA 1992 – application of s 30(9) notwithstanding that the shares were owned at the time of the disposal, where disposal and acquisition form part of the scheme which engages s 30 – whether, in the alternative, the disposal and acquisition for the purposes of s 30(9) is determined by the computational rules required by s 106 –Davies v Hicks applied – application of s 30(5) to eliminate the capital loss"
A HTML version of this file is not available click here or view below the pdf version : 124.pdf