Commentary

C2.123 Unit trust holdings

Capital gains tax
Capital gains tax | Commentary

C2.123 Unit trust holdings

Capital gains tax | Commentary

C2.123 Unit trust holdings

In relation to unit trusts in respect of which there are regularly published buying and selling prices, the market value is the lower price published on the relevant date at which the managers will buy, or if none was then published on the latest date before1. In the case of unit trust units held on 6 April 1965, the market price is the halfway amount between the published buying and selling prices2.

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