In this month’s edition of Peter Vaines’ tax bulletin, there is much to whet one’s tax appetite. It considers the issue of share valuation rebasing in the recent case of Gibbins v Tierney and others, along with some useful commentary on the Upper Tribunal’s decision on the date of payment of dividends in HMRC v Gould in which the FTT’s decision was overturned. Helpfully, there is a reminder of the guidance issued by HMRC on loans to participators rules in section 455 CTA 2010. Finally, there is interesting commentary on two SDLT cases: Murphy v HMRC and Goldsmith v HMRC concerning sub-sales. As always, happy reading!
The latest edition of the Bulletin (November) can be found here.
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