1098. Burden of tax on death.

Where personal representatives1 are liable for inheritance tax2 on the value transferred by a chargeable transfer made on death3, the tax is treated as part of the general testamentary and administration expenses of the estate4, but only so far as it is attributable to the value of property in the United Kingdom5 which:

  1.  

    (1)     vests in the deceased's personal representatives6; and

  2.  

    (2)     was not immediately before the death comprised in a settlement7.

However, this rule has effect subject to any contrary intention shown by the deceased in his will