Commentary

I10.102 Liability and incidence contrasted

IHT, trusts and estates

I10.102 Liability and incidence contrasted

I10.102 Liability and incidence contrasted

The incidence of IHT on the other hand, concerns the question of who ultimately bears the burden of the tax. For example, an executor or trustee may find himself liable to account for IHT and he must then look to the rules of incidence to see against which beneficial interests he is to charge the tax paid. However, where the rules of incidence make IHT an HMRC charge on property1 HMRC, if they have not obtained payment of IHT from the accountable party, can enforce the charge in order to obtain payment out of the

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