INHERITANCE TAX – discretionary settlement – 10-year charge – whether the proceeds of sale of scrip dividend shares to which s.249 ICTA 1988 applies are deemed to be income not only for the purposes of ICTA 1988 but also for the purposes of trust law generally and for the purposes of Inheritance Tax
[2014] UKUT 169 (TCC), [2015] CH 183, [2014] WTLR 1209, [2014] WLR(D) 205, [2015] 2 WLR 1, [2014] STC 1713, [2014] BTC 513, [2014] STI 1875, [2014] 4 All ER 943
Bailii
England and Wales
Inheritance Tax
Updated: 03 December 2021; Ref: scu.525881