BIM60500 - Transactions in land: Tax cases

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