Proceeding contribution from Lord Chorley (Crossbench) in the House of Lords on Wednesday, 9 November 2005. It occurred during Debate on bill and Committee proceeding on Commons Bill [HL].
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.
Secondary information
- Type
- Proceeding contribution
- Reference
- 675 c217GC
- Session
- 2005-06
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Access Agriculture Common land Fees and charges Functions Land use Grazing land Ownership Powers Membership Payments Management Nature conservation Registration Commons councils Village greens
- Legislation
- Commons Bill (HL) 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-04-22 01:25:19 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_275944
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