TSW: Death should be a disposal for CGT purposes

Brendan Burgess

Founder
Messages
51,904
7.1 The Commission recommends, on horizontal equity grounds, that the transfer of assets on a death is treated as a disposal for Capital Gains Tax purposes. The Capital Gains Tax treatment of assets transferred during a lifetime in terms of tax payable, exemptions and reliefs available should also apply to assets transferred on a death.
 
Back
Top