Taxation of asset assigned before it was created.
Judges:
Nicholls LJ
Citations:
[1987] STC 621
Jurisdiction:
England and Wales
Cited by:
Cited – Jerome v Kelly (Her Majesty’s Inspector of Taxes) HL 13-May-2004
In 1987, trustees holding land for various beneficiaries in undivided shares entered into a contract to sell it to a purchaser. In 1989 Mr and Mrs Jerome, who were absolutely entitled to interests in the land, assigned part of their beneficial . .
Lists of cited by and citing cases may be incomplete.
Capital Gains Tax
Updated: 09 December 2022; Ref: scu.196890