Commentary

B6.735 ATED—acquisitions and disposals

Business tax
Business tax | Commentary

B6.735 ATED—acquisitions and disposals

Business tax | Commentary

ATED—Acquisitions and disposals

B6.735 ATED—acquisitions and disposals

In the ATED legislation, the acquisition of a chargeable interest includes any acquisition however effected (including an acquisition effected by the act of parties to a transaction, by order of a court or other authority, by or under any statutory provision or by operation of law)1.

The disposal of a chargeable interest means the person no longer has any beneficial interest in the interest disposed of (or part where the disposal is of a part only).

The surrender or release of a chargeable interest is an acquisition of that interest by any person

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