I3.218 Corporations Sole And The Death Estate

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Commentary

IHT, trusts and estates

A person who is entitled to property as a corporation sole is for the purposes of IHT, with one exception (for which see below), treated by IHTA 1984, s 271 as not being beneficially entitled to the property. It does not form part of his estate and no IHT is payable in respect of the property when he ceases to hold the office

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D6.503 International movement of capital—reportable transactions and events

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