Commentary

C1.313 Estate on death

Capital gains tax
Capital gains tax | Commentary

C1.313 Estate on death

Capital gains tax | Commentary

C1.313 Estate on death

On death, the assets of which the deceased person was competent to dispose are deemed to have been acquired by his personal representatives at their market value1. However, none of the assets concerned is treated as having been disposed of by the deceased, even if they were the subject of a testamentary disposition.

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