Grimwood-Taylor and Another v Inland Revenue: SCIT 23 Nov 1999

SCIT INHERITANCE TAX -Exempt transfers and relief – Business property – Relevant business property – Shares held by Deceased in two companies – Whether the business carried on by the companies was excluded from business property relief as consisting wholly or mainly of one or more of dealing in securities, stocks or shares, land or buildings or making or holding investments – Whether the relevant companies were, with one or more other companies members of a group – Whether the business of the company or either of them was carried on otherwise than for gain – Inheritance Tax Act 1984 Sections 103, 104, 105, 111 and 112.
[1999] UKSC SPC00223

Updated: 12 January 2021; Ref: scu.195347