Commentary

I11.406 Statutory powers to raise funds to pay IHT

IHT, trusts and estates

I11.406 Statutory powers to raise funds to pay IHT

I11.406 Statutory powers to raise funds to pay IHT

For the purpose of paying the IHT or raising the amount of it when paid, a person liable (see Division I10.1) for IHT (other than as transferor or the spouse1 of a transferor) has power to sell or mortgage, or create a terminable charge on, the property to which the IHT is attributable2.

See also I10.251.

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to TolleyLibrary or register for a free trial