HL Capital gains tax – Settled property – Gift in settlement – Part disposal – Connected persons – Assignment of reversion followed by assignment of life interest – Whether the first assignment was only a part disposal – Finance Act 1965 (c 25), ss 22(2), 22(4), 25(2) and Sch 7, paras 17 and 21; Income and Corporation Taxes Act 1970 (c 10), s 454(3).
[1982] UKHL TC – 55 – 92, 55 TC 92, [1982] 2 All ER 630, [1982] 1 WLR 698, [1982] BTC 239, [1982] STC 396
Bailii
England and Wales
Capital Gains Tax
Updated: 10 January 2022; Ref: scu.559775
