Land and Buildings Transaction Tax (Scotland) Act 2013 (asp 11)

SCHEDULE 11 S Reconstruction relief and acquisition relief

Valid from 01/04/2015

PART 4 S Withdrawal of relief

Amount of tax chargeable where relief partially withdrawn S

32 S An “appropriate proportion” means an appropriate proportion having regard to—

(a) the subject-matter of the relevant transaction, and

(b) what is held at the relevant time by the acquiring company or, as the case may be, by that company and any relevant associated companies.