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Home / Simons-Taxes /IHT, trusts and estates /Part I6 Close companies and partnerships /Division I6.2 Partnerships and IHT /Partnerships and IHT—the basics / I6.221 Partnership property and partners' property
Commentary

I6.221 Partnership property and partners' property

IHT, trusts and estates

The IHT consequences of any disposition of property used in a partnership business will depend, in the first instance, upon whether that property is truly 'partnership property' or merely property of one or more of the partners, which is used for the purposes

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