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solatium on compulsory acquisition

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(Querist)
05 November 2008 hello

solatium received on compulsory acquisition forms part of consideration and must be considered in computing capital gains. my question is what is "solatium" ?

thank you
tima
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Taxguy

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Taxguy (Expert)
05 November 2008 solatium
1. payment or other recompense for mental suffering or financial or other loss.
2. Scots Law. a provision for a sum of money to be paid to an injured party by the party responsible for the injury, over and above compensation paid for damages for injury to feelings.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
05 November 2008 Yes it is a monetary payment to mitigate the mental agony of a person.
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