Commentary

B5.235 Introduction to 'artificial' transactions in land

Business tax
Business tax | Commentary

B5.235 Introduction to 'artificial' transactions in land

Business tax | Commentary

'Artificial' transactions in land

B5.235 Introduction to 'artificial' transactions in land

The provisions in this article were replaced, broadly for disposals on or after 5 July 2016 and for amounts recognised in accounts on or after 8 March 2017, by the provisions relating to the taxation of profits arising from a trade which involves either dealing in or developing UK land, see B5.255.

If it is established that the disposal of an interest in land is a venture in the nature of trade, the profits are taxable as trading profits (see B5.211). On the other hand, a gain realised from

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