Inheritance Tax Act 1984 section 98

Effect of alterations of capital, etc.

Section 98 deals with how alterations to a close company's unquoted share or loan capital, or to the rights attached to its unquoted shares or debentures, are treated as dispositions by the participators for inheritance tax purposes.

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.