Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Inheritance Tax Act 1984 section 159A
Treatment of dormant assets
Section 159A ensures that when a dormant asset is transferred to an authorised reclaim fund (and possibly charities), the owner's replacement rights are treated as the same asset for inheritance tax purposes, preserving the original acquisition date and characteristics.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.