HL Capital gains tax – Disposal of a right to what was termed a ‘royalty’ – Whether a disposal of a right to an ‘annual payment due under a covenant not secured on any property – Finance Act 1965 (c 25), Sch 7, para 12(c).
Citations:
[1979] UKHL TC – 53 – 185, [1979] 3 WLR 594, [1979] TR 327, [1979] 3 All ER 657, [1980] RPC 385, [1981] AC 629, 53 TC 185, [1979] STC 740
Links:
Statutes:
Jurisdiction:
England and Wales
Capital Gains Tax
Updated: 27 June 2022; Ref: scu.559839
