IHTM27000 - Foreign property: contents


Introduction

Investigation of form IHT417

Valuation Assets

Blocked Assets

Locality of assets (situs)

Double Taxation Conventions

Property excluded from Inheritance Tax

Introduction

IHTM27001

Introduction

Top of page

Investigation of form IHT417

IHTM27011

Pre-Grant

IHTM27012

PC&S

IHTM27013

Compliance Group

Top of page

Valuation Assets

IHTM27022

Quoted foreign shares

IHTM27023

Unquoted foreign shares

IHTM27024

Loss on sale of foreign shares

IHTM27025

Foreign shares fall in value relief

IHTM27031

Valuation of foreign bank accounts, debts, household and personal goods

IHTM27032

Deduction of foreign debts

IHTM27041

Foreign land or buildings: procedure

IHTM27042

Foreign land loss on sale

IHTM27043

Foreign land fall in value relief

IHTM27050

Deduction for administration of non-UK assets

IHTM27051

Conversion of foreign currency

IHTM27052

Claims for compensation

IHTM27053

Foreign rulers and sovereign immunity

Top of page

Blocked Assets

IHTM27060

Blocked assets

Top of page

Locality of assets (situs)

IHTM27071

Introduction

IHTM27072

Unadministered estates or shares therein

IHTM27073

Ships

IHTM27074

Land and interests in land

IHTM27075

Chattels

IHTM27076

Bearer securities

IHTM27077

Eurobonds & American Depository Receipts

Specialty Rule

IHTM27079

Bonds and debentures under seal

IHTM27080

Treasury Bills, British Savings Bonds, National Savings Income Bonds

Debts

IHTM27091

Contractual

IHTM27092

Debts In Scotland

IHTM27093

Bank accounts

Policy monies

IHTM27101

General rule

IHTM27102

Payment at place other than Head Office

IHTM27103

Issued at branch office

IHTM27104

Policies under seal

Inscribed and registered securities

IHTM27121

Usual location

IHTM27122

Branch registers

IHTM27123

Effectiveness of register

IHTM27124

Overseas branch registers of UK companies

IHTM27125

Duplicate or multiple registers of non-UK companies

Inscribed and registered securities: Canadian companies

IHTM27127

Transfer agencies

IHTM27128

British Colombian & Newfoundland Companies

IHTM27129

Nova Scotia Companies

Inscribed and registered securities: Securities issued by international organisations

IHTM27141

List of non-UK situs organisations

IHTM27142

List of securities given a non-UK designation by the Treasury.

IHTM27143

OECD & Inter-American Development Bank

IHTM27150

Share certificates endorsed in blank

IHTM27151

Building society or bank accounts in the Isle of Man or Channel Isles

Top of page

Double Taxation Conventions

IHTM27161

Introduction

Exchange of information

IHTM27163

Why exchange information

IHTM27164

Information bulletin procedure with convention partners (form 730)

IHTM27165

List of conventions

IHTM27166

Information bulletins received from convention partners

Certification of tax paid

IHTM27168

Ireland

IHTM27169

South Africa

IHTM27170

USA

IHTM27171

Netherlands

IHTM27172

Sweden

IHTM27173

Switzerland

IHTM27174

France

IHTM27175

Italy

IHTM27176

Procedure with non-convention countries

IHTM27177

Certification of disclosure and tax enforcement procedure with USA

IHTM27178

Certification of disclosure and tax enforcement procedure with South Africa

Double Taxation Relief

IHTM27181

What is the relief?

IHTM27182

Credit for relief claimed before grant

IHTM27183

Examination after grant when relief claimed

Double Taxation Relief: Procedure with non-convention countries - unilateral relief

IHTM27185

Introduction

IHTM27186

Procedure chart

IHTM27187

Relief under IHTA84/S159 (2)

IHTM27188

Relief under IHTA84/S159 (3) or S159 (4)

IHTM27189

Relief when both IHTA84/S159 (2) and (3) apply

Procedures

IHTM27190

Procedure with convention partners

IHTM27200

Procedure when both forms of relief apply

IHTM27201

Procedure for relief by concession on shares

Proper law of settlement

IHTM27202

Proper law of settlement

Top of page

Property excluded from Inheritance Tax

IHTM27211

Introduction

IHTM27212

Foreign unsettled property

IHTM27220

Foreign settled property with settlor domiciled outside the UK when settlement made

IHTM27230

Reversionary interest in settled property - whether directly or through a settlement

Specific British Government Securities

IHTM27241

Introduction

Specific British Government Securities: discretionary trusts and exempt securities

IHTM27247

Introduction

IHTM27248

Unknown persons

IHTM27249

Charities

IHTM27250

Exit charges

IHTM27251

Anti-avoidance rules

IHTM27252

Exceptions for some settled reversions

Specific British Government Securities cont'd

IHTM27260

Exclusion of interest

IHTM27261

Exclusion of repayment of Income Tax

IHTM27262

Reversionary interest in exempt securities

IHTM27263

Exempt securities in unadministered estates

IHTM27264

Exempt securities as partnership assets

Certain specific savings held by taxpayers in Channel Islands or Isle of Man

IHTM27270

Certain specific savings held by taxpayers in Channel Islands or Isle of Man

Specific property of visiting forces and staff of Allied Headquarters

IHTM27272

Introduction

IHTM27273

Assets excluded

IHTM27274

Qualifying persons

IHTM27275

List of designated countries