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What is a "person"?

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What is a "person"?

Postby mawallace » Sat Dec 12, 2015 5:51 pm

Reading through the Captal Gains Act, I note that in several places it refers to "a person", "persons" etc.

I know that in English Law a company is seen as a "person" and so I can see how companies can claim things such as rollover relief.

But what about trustsees. I read somewhere that "a person for these purposes includes a company, an individual and trustees" - but can you lead me to some part of English Law that treats the trustees as "person"
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Re: What is a "person"?

Postby atticus » Sat Dec 12, 2015 5:56 pm

I am not sure that such a place exists.

You may find guidance in the definitions/interpretation sections of the statute in question.

An individual acting as trustee is a "person", I would suggest. Is your question in fact on of tax treatment of trust property?
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Re: What is a "person"?

Postby mawallace » Sun Dec 13, 2015 12:02 pm

No - it is the treatment for tax. I think it is accecpted that trustees are a "person" - but I am looking for some proof.
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