Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017 section Sch 15 para 15

Shared ownership trusts: default treatment where no market value election is made

Schedule 15 paragraph 15 sets out how the land transaction tax is calculated on a shared ownership trust where no election has been made to use market value treatment.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.