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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 / I4.305 Loss on sale of shares — payment of calls
Commentary

I4.305 Loss on sale of shares — payment of calls

IHT, trusts and estates

There is provision for the situation where at any time after the death (whether during or after the expiry of the period of 12 months immediately following the date of the death) the appropriate person pays an amount in pursuance of a call in respect of any qualifying investments comprised in the deceased's estate immediately before his death, and those investments are sold by the appropriate person

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