Buying the future
Enriquez, G.
Buying the future - 1988 - Taxation 121(3166) 16 September 1988, 548-549(2) .
Discusses the valuation of reversions and life interests for tax purposes. The usual basis of valuation for the purpose of inheritance tax , capital gains tax and stamp duty is that of open market value ,and in this article the author outlines how the prices are calculated.
INHERITANCE TAX ACT 1984
TAXATION
Buying the future - 1988 - Taxation 121(3166) 16 September 1988, 548-549(2) .
Discusses the valuation of reversions and life interests for tax purposes. The usual basis of valuation for the purpose of inheritance tax , capital gains tax and stamp duty is that of open market value ,and in this article the author outlines how the prices are calculated.
INHERITANCE TAX ACT 1984
TAXATION