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Home / Simons-Taxes /IHT, trusts and estates /Part I4 Transfers on death /Division I4.3 Property sold or valueless after death /Loss on sale of quoted securities / I4.303 Loss on sale of shares — valuation

I4.303 Loss on sale of shares — valuation

IHT, trusts and estates

For the purposes of these provisions, in determining the price at which any investment was purchased or sold (or the best consideration that could reasonably have been obtained on the sale of any investment) no account is taken of any expenses which are incidental to the purchase or sale (whether by way of commission, stamp duty or otherwise). Any stamp duty reserve

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E4.507S Operation of the charge on securities with artificially enhanced market value

I4.265 Lifetime transfers reported late

B3.325 General exclusions—first-year qualifying expenditure

I4.142A Liabilities which are not discharged out of the estate

B4.130 Summary of OECD guidelines on arm's length principle

I3.367 Fall in value relief—changes in interests in land

B2.306 General tests for distinguishing between capital and revenue expenditure

A4.214 Claims following further assessments—income tax and capital gains tax

I3.750 POAT—introduction to existing arrangements

C2.108 Contingent liabilities

E4.1118 Calculation and payment of tax due on retrospective income

C3.305 Rollover relief—time limit for acquisition of replacement assets

C3.1705 Non-qualifying tax years, and disposals of a main home under NRCGT

E6.324H Nominated income and gains and the ordering rules

D1.1061 Substantial shareholding exemption—interaction with other reliefs

I5.1212 Protector of a foreign trust

D6.330 Special situations involving a transfer of trade with common ownership—business of leasing plant or machinery

D6.233 Rights issue—sale of rights nil paid

D4.104 Company residence and the case law test

D1.1422 Calculating NGIE and ANGIE