|Source:||All England Reporter|
|Publisher Citation:|| All ER (D) 631|
|Court:||Court of Appeal, Civil Division|
Nourse, Waller LJJ and Sir Iain Glidewell
|Representation||Launcelot Henderson QC and Michael Furness (instructed by the Solicitor of Inland Revenue) for the Crown.|
|David Ewart and Richard Vallatt (instructed by Warner Goodman & Streat) for the taxpayers.|
|Judgment Dates:||25 November 1998|
Capital gains tax - Grant of option to purchase land - Consideration for grant of option - Method of ascertaining consideration for capital gains tax purposes - Capital Gains Tax Act 1979, ss 32, 40, 41.