A U.K. property company owes tax on its intragroup purchase of a lease for a 50-story apartment tower in central London for £200 million ($253 million) despite its tax advisers’ promise of a tax-free step-up in basis, the Upper Tribunal said Wednesday.
UK Biz Owes Taxes On £200M Sale Of Lease, Court Affirms
by usoftax_admin | Nov 20, 2024 | Tax News