BIM60500 | Transactions in land: Tax cases
From HM Revenue & Customs · Business Income Manual
The provisions were enacted in Finance Act 1969 and only a small number of cases have proceeded to the Courts. They are:
Diversion schemes:
Yuill v Wilson [1980] 52 TC 674
Yuill v Fletcher [1984] 58 TC 145
Sugarwhite v Budd [1988] 60 TC 679
‘Slice of the action’ contracts:
Page v Lowther [1983] 57 TC 199
Newman v Pepper and Newman v Morgan [2000] STC (SCD) 345
Other transactions:
Byfield v Edwards and Winterton v Edwards [1979] 52 TC 655
Chilcott and others v CIR [1981] 55 TC 446
Pardoe v Entergy Power Development Corporation [2000] 72 TC 617