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Client transferring farm business to company together with some land not all. Stock transferred at cost and machinery with election for twdv. Land transferred at market value which will be above original cost. Company to pay consideration for same. Can client claim 10% cgt entrepreneur relief on the gain from sale of land to company. One of shareholders/directors qualifies as a young farmer. Can 50% of the land transfer qualify for stamp duty exemption.

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Asked on 21 November 2018 12:53 pm