CG13145 - Assets lost/destroyed/negligible value: confiscation: persecution

CG13140+ tells you about the alternative situations where involuntary transfers may, or may not, represent disposals for Capital Gains Tax purposes.

How far these apply where a particular Government introduced a law or statute with a view to persecuting a particular religious or ethnic group is unclear. In many cases, the original owner(s) retained their title but were unable to enforce this. However, their title had clearly been supplanted by the title granted under the particular law.

Capital Gains Technical Group will be happy to look at any substantial case involving this type of situation which cannot otherwise be resolved.