You don’t pay corporation tax on the sale of private shares.
But it does on any profits the business makes so maybe the company will used as an entity to reduce liability on transactions generally when the land deal goes through. There could be multiple accounting reasons why transactions are made using that company. Look, I’m not saying people are wrong, I’m just making the point that whilst people can claim there is something underhand a foot, there are also plenty of legitimate reasons too. I just happen to think they are more logical. Keep saying it though, I fcuk things up all the time so don’t listen to me.