Commentary

I3.336 Gifts for national purposes

IHT, trusts and estates

I3.336 Gifts for national purposes

I3.336 Gifts for national purposes

A transfer of value is exempt to the extent that the value transferred by it is attributable to property which becomes the property of any of the bodies (such as local authorities, museums, and universities) set out in IHTA 1984, Sch 31.

For further information see:

Gifts for national purposesI4.218
Anti-avoidance provisionsI3.344
Restrictions and anti-avoidance provisionsI4.221
Introduction to exemptions within a purchased reversionI5.731
LoansI3.342

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