FTTTx Inheritance tax – discounted gift trust – valuation of retained interest to income stream – s160 IHTA 1984 – burden of proof – adequacy of comparables – appeal dismissed
Malachy Cornwell-Kelly J
 UKFTT 745 (TC)
Inheritance Tax Act 1984 160
England and Wales
Cited – Salvesen’s Trustees v Inland Revenue Commissioners SCS 1930
The court considered the valuation of shares in a notional purchase. The company’s articles of association contained a provision that the company might at any time, by extraordinary resolution, resolve that any shareholder, other than a director or . .
Lists of cited by and citing cases may be incomplete.
Updated: 31 October 2021; Ref: scu.449684