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 196
Sales to beneficiaries etc. and exchanges
Section 196 deals with adjustments to sale prices used in a land relief claim where the claimant has also made a non-qualifying sale to a beneficiary or exchanged an interest in land within three years of the death, and that sale or exchange produced a price or value exceeding the death value.
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.