Commentary

C2.1118 Time of disposal

Capital gains tax
Capital gains tax | Commentary

C2.1118 Time of disposal

Capital gains tax | Commentary

C2.1118 Time of disposal

Where an authority with compulsory purchase power acquires an interest in land, otherwise than under a contract, the time at which the disposal and acquisition is made is the time at which the compensation for the acquisition is agreed or otherwise determined (eg by arbitration)1. Variations in the compensation on appeal are disregarded in determining the date of disposal and acquisition.

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