IHT reliefs and options (Record no. 72115)

MARC details
000 -LEADER
fixed length control field 01269cam a2200241 4500
001 - CONTROL NUMBER
control field ABS66480
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 030213n2003 000 0 eng u
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u121349
245 ## - TITLE STATEMENT
Title IHT reliefs and options
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2003
490 ## - SERIES STATEMENT
Series statement Farm Tax Brief
Volume/sequential designation 18(1) February 2003, 1-3(3)
520 ## - SUMMARY, ETC.
Summary, etc. Examines inheritance tax (IHT) agricultural and business property relief which may be lost if the property is subject to an 'immediate binding contract for sale' under the Inheritance Tax Act 1984 ss113 and 124. However partnership agreements often contain provisions or give the option for the retiring or deceased partner to 'sell' their interest in the partnership to the surviving partner. Such options are not binding contracts for sale but by avoiding IHT it could lead to problems with gapital gains tax (CGT). Considers the issues raised by "Mansworth v Jelley" (CA [2002] STC 1013) regarding IHT and CGT.
590 ## - LOCAL NOTE (RLIN)
Local note ABS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element BUSINESS PROPERTY RELIEFS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element INHERITANCE TAX RELIEFS
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element INHERITANCE TAX ACT 1984 S113
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element INHERITANCE TAX ACT 1984 S124
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MANSWORTH V JELLEY
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element CAPITAL GAINS TAX ACT 1992
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element BUSINESS PROPERTY RELIEFS
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element TAXATION
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 13/02/2003   ABS66480 121349-1001 06/08/2019 1 06/08/2019 Journal article