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Decision Number: |
TC 08391 |
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Appellant:
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JASPER ALEXANDER THIRLBY CONRAN (1)
JC VISION LTD (2)
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Respondent:
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Her Majesty's Revenue & Customs |
Chairmen / Special
Commissioners: |
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Date Of Decision:
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03/02/2022 |
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Main Category:
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PROCEDURE |
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Main Subcategory:
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Other |
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Notes:
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INCOME TAX AND CORPORATION TAX – disposal of a business to a group company – ascertaining market value – intangibles relief – whether payment was a distribution – substitution of market value under Schedule 29 FA 2002 - held – valuation of assets actually transferred was £1 – no chargeable gain realised on disposal – no distribution – market value required to be substituted for purposes of intangibles relief – appeal of first appellant allowed – appeal of second appellant dismissed |
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Decision(s) to Download:
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TC 08391.pdf 
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