BIM60300 | Measuring the profits (particular trades): land transactions (before 16 March 2016): contents

Ch.3 Part 13 Income Tax Act 2007, Part 18 Corporation Tax Act 2010

This guidance describes what the transactions in land anti-avoidance legislation seeks to achieve, outlines the provisions and provides examples of where they may be applied. This applies to transactions prior to 16 March 2016. For transactions from 16 March 2016 onwards refer to BIM60510+.

Any case where an Officer considers that the anti-avoidance provisions apply must be submitted to the Business Profits Team (Technical) before the matter is raised with the taxpayer or agent.

The full contents of this chapter are as follows: