UK Parliament / Open data

Commons Bill [HL]

Proceeding contribution from Lord Chorley (Crossbench) in the House of Lords on Wednesday, 9 November 2005. It occurred during Debate on bills and Committee proceeding on Commons Bill [HL].
In support of the query raised by the noble Lord, Lord Williams of Elvel, what will be the tax status of a commons association? If it is to dispose of land, there may be a capital gains tax issue. If there is capital gains tax, how will it be divided? One can foresee a variety of issues which will provide a field day for accountants.

About this proceeding contribution

Reference

675 c217GC 

Session

2005-06

Chamber / Committee

House of Lords Grand Committee
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