|
Decision Number: |
TC 03525 |
|
Appellant:
|
Mr Nicholas Green |
|
Respondent:
|
The Commissioners for Her Majesty's Revenue & Customs |
Chairmen / Special
Commissioners: |
Malcolm GAMMIE QC
|
|
Date Of Decision:
|
28/04/2014 |
|
Main Category:
|
INCOME TAX/CORPORATION TAX |
|
Main Subcategory:
|
Exemptions and reliefs |
|
Notes:
|
INCOME TAX – Relief for gifts of shares to charity – whether arrangement
designed to enhance relief or create artificial tax losses – market value of shares on
initial listing – whether company’s main asset acquired shortly before listing at a
reduced price – if so, impact on value of listed shares – relevance of market
transactions on first day of listing – basis of valuation to be adopted –
determination of market value – appeal allowed and disallowance of relief on claim
re-determined |
|
Decision(s) to Download:
|
TC03525.pdf 
|
