Upper Tribunal Tax and Chancery decision of Judge Avery Jones and Judge Walters on 13 April 2010.
Read the full decision in John Coll and Marian Coll v The Commissioners for HM Revenue and Customs: UKUT 114 (TCC) 2010.
CAPITAL GAINS TAX exchange of shares for debentures whether
TCGA 1992 s 137 applies to each shareholder separately no whether
Special Commissioner entitled to conclude that the main purpose was tax
avoidance yes appeal dismissed.
Release date: 13 April 2010
Ministry of Justice
HM Courts & Tribunals Service
Upper Tribunal (Tax and Chancery Chamber)
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