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Do you think he will be allowed to keep it .?

I don't know but the police have given him receipt for it

 

The general principle under English law is that one cannot obtain better title (right of ownership) when buying something than the seller themselves had.

 

On that basis if the tank was legally sold by the Iraqi government ( which it almost certainly was) and he bought it "as is" ( very likely for a tank that needs restoring) then he will in all likelihood get to keep it unless someone pops up saying the gold was stolen from them ( perhaps the Kuwaitis in this context) .

Edited by The Lord Flashheart
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Gold isnt subject to capital gains tax either in the uk as far as I can see. So he is literally laughing all the way to the..

 

Subject to capital gains tax where I am though, unless kept for 10 years. Pfft

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