118 Gifts to the nation: estate duty
Finance Act 2014 (2014 c 26) | Legislation

Estate duty

118  Gifts to the nation: estate duty

(1)     In Schedule 14 to FA 2012 (gifts to the nation), before paragraph 33 insert—

“32

(1)     This paragraph applies where a person (“the donor”) makes a qualifying gift of an object in circumstances where, had the donor instead sold the object to an individual at market value, a charge to estate duty would have arisen under section

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