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Home / Simons-Taxes /IHT, trusts and estates /Part I8 Valuation /Division I8.3 Valuation of particular types of property /Valuing foreign assets for IHT / I8.355 Valuing foreign property for IHT

I8.355 Valuing foreign property for IHT

IHT, trusts and estates

I8.355 Valuing foreign property for IHT

The open market requirements apply to foreign property and a valuation for IHT purposes should be expressed in sterling¹, based on a hypothetical sale (see I8.203) either in the UK for sterling, or abroad with conversion of the foreign currency to sterling,

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I4.265 Lifetime transfers reported late

I7.323 APR and successions

D1.8101 Groups of companies

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

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

I3.750 POAT—introduction to existing arrangements

A1.810 Limitation

B5.812A Particular charitable bodies

I4.562 Sales and mortgages of reversionary interests

I5.251 Absolute entitlement by the life tenant

E8.811 National Insurance number—refusal of application

D2.250 Group relief—limited rights, variable rights and options attaching to ordinary shares

D6.618 Capital treatment on a purchase of own shares—HMRC advance clearance and reporting obligations

E4.1146 The PAYE cumulative basis—overview

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

E4.1167 Payments made after leaving and after issue of form P45

I5.221 Lifetime termination of QIIP—general

D1.1061 Substantial shareholding exemption—interaction with other reliefs

B3.306 Meaning of plant and machinery

I5.1304 Beneficiary with contingent interest