The Inheritance Tax (Market Makers and Discount Houses) Regulations, SI 2012/2903, extend business property relief to businesses carrying on the business of a market maker, within the definition given by the Markets in Financial Instruments Directive (2004/39/EC), in a regulated market of a European Economic Area member state. They make similar provision in relation to interest on instalments in relation to companies, and insert new provisions into IHTA 1984.
The Inheritance Tax (Market Makers and Discount Houses) Regulations, SI 2012/2903, extend business property relief to businesses carrying on the business of a market maker, within the definition given by the Markets in Financial Instruments Directive (2004/39/EC), in a regulated market of a European Economic Area member state. They make similar provision in relation to interest on instalments in relation to companies, and insert new provisions into IHTA 1984.
