Commentary

B5.236 'Artificial' transactions in land definitions

Business tax
Business tax | Commentary

B5.236 'Artificial' transactions in land definitions

Business tax | Commentary

B5.236 'Artificial' transactions in land definitions

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.

References in B5.237–B5.245 to 'these provisions' means ITA 2007, ss 752–772 (Pt 13, Ch 3) for income tax purposes and CTA 2010, ss 815–833 (Pt 18) for corporation tax purposes.

'A capital amount', in relation to a gain, means an amount which does not

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