IHTM14823 - Associated operations:
the objective test
To be relevant associated operations, two or more dispositions
must be
- operations which affect the same
property
or
- operations, one of which affects some
property and the other(s) affects
- property which represents the first property
- or
- income arising from that property, or property
which represents accumulated income from the property.
If the operations do not qualify under the objective test,
consider the subjective test. (
IHTM14824)
