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Stanton Ltd v Drayton Commercial Investment Co Ltd [1982] UKHL TC_55_286 (08 July 1982)

Stanton Ltd v Drayton Commercial Investment Co Ltd [1982] UKHL TC_55_286 (08 July 1982)

Corporation tax – Chargeable gains – Disposal of shares acquired in consideration of issue of new share – Whether amount or value of consideration the agreed issue price or other value – Income and Corporation Taxes Act 1970, ss 21 and 265 – Finance Act 1965, Sch 6, para 4(l)(a) – Finance Act 1971, Sch 10, para 10.
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