The consultation on the minimum claim period for the remittance basis charge (RBC) provides further guidance on the government’s proposals. A report by the Arts Council highlights the success of the tax reliefs available for certain works of art. The Royal Court of Guernsey grants an application to set aside a transaction, despite public policy concerns, where tax avoidance is involved. Finally, the FTT outlines the importance of beneficiaries responding honestly to executors’ enquiries during the administration of an estate; and the executors’ duties when completing the IHT400.
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The consultation on the minimum claim period for the remittance basis charge (RBC) provides further guidance on the government’s proposals. A report by the Arts Council highlights the success of the tax reliefs available for certain works of art. The Royal Court of Guernsey grants an application to set aside a transaction, despite public policy concerns, where tax avoidance is involved. Finally, the FTT outlines the importance of beneficiaries responding honestly to executors’ enquiries during the administration of an estate; and the executors’ duties when completing the IHT400.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: