Commentary

I11.415 Administration actions

IHT, trusts and estates

I11.415 Administration actions

I11.415 Administration actions

To assist the Board special provision is made in respect of property that is the subject of an administration action pending in the courts. Where such property is in the possession or control of the court, the court must provide out of it for the payment of any IHT or interest thereon which remains unpaid on a chargeable transfer of value attributable to it1. It will normally be up to the Board to make the court aware of the position, though if it happens to suit someone else's purposes there is no reason why he

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