Sentences with phrase «original land parcel»
For capital gains tax purposes, the original land parcel is divided into two or more separate assets.
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«What could conceivably be wrong or detrimental,» Buckel asked, «about putting this small parcel of land in the hands of its original owners, who will maintain it in its original condition?
In this adopted parcel of land between the school grounds and a town park, a group of the school's students are poised with their mentors to present an original musical theater piece.
For the purposes of working out your capital gain or capital loss, the date you acquired the subdivided blocks is the date you acquired the original parcel of land and the cost base of the original land is divided between the subdivided blocks on a reasonable basis.