Reeves v Revenue and Customs: FTTTx 28 Feb 2017

FTTTx (Capital Gains Tax/Taxation of Chargeable Gains : Exemptions and Reliefs) CAPITAL GAINS TAX – Gift of business asset to UK-resident company by transferor with non-UK resident relatives – Hold-over relief claim disallowed by HMRC – Whether claim precluded by s 167 Taxation of Chargeable Gains Act 1992 – Yes – Whether construction of s 167 conforming with ECHR and EU law – Yes – Appeal dismissed

Citations:

[2017] UKFTT 192 (TC)

Links:

Bailii

Jurisdiction:

England and Wales

Capital Gains Tax

Updated: 06 February 2022; Ref: scu.578537