McCutcheon on Inheritance Tax Mainwork & Supplement
6th Edition
Published on 24. March 2016
Book
Hardback
1392 pages
978-0-414-03679-6 (ISBN)
Description
McCutcheon on Inheritance Tax provides the information to handle even the most complex problems involving inheritance tax, and analyses key cases to show how the courts are interpreting the principles of inheritance tax.
This latest edition:
Discusses the valuation of estates for inheritance tax and the various reliefs
Pinpoints problem areas and suggests possible solutions
Takes into account other tax implications, such as capital gains tax, income tax and pre-owned assets tax
Covers international estate planning issues
Discusses the ongoing EU consultation on inheritance tax
Examines the special charging provisions
Explores what liabilities can be taken into account when determining the value of an estate
Includes coverage of heritage property
McCutcheon on Inheritance Tax expands on: the Pensions chapter, the Human Rights element, incidence of liability and burden, and Double Taxation Relief, and also covers the following cases and legislation:
Explains the impact of important recent case law, such as Brander v HMRC Commissioners, McCall v HMRC Commissioners and Atkinson v HMRC Commissioners
Examines the new blocking legislation designed to counter Melville 3 and Excluded Property schemes and considers Melville 4 schemes
Encompasses the extension of Disclosure of Tax Avoidance Schemes (DOTAS) to inheritance tax
For ease of use and to be as helpful as possible, McCutcheon features worked examples and case studies to explain complex topics and provides a clear breakdown of the structure of inheritance tax.
This latest edition:
Discusses the valuation of estates for inheritance tax and the various reliefs
Pinpoints problem areas and suggests possible solutions
Takes into account other tax implications, such as capital gains tax, income tax and pre-owned assets tax
Covers international estate planning issues
Discusses the ongoing EU consultation on inheritance tax
Examines the special charging provisions
Explores what liabilities can be taken into account when determining the value of an estate
Includes coverage of heritage property
McCutcheon on Inheritance Tax expands on: the Pensions chapter, the Human Rights element, incidence of liability and burden, and Double Taxation Relief, and also covers the following cases and legislation:
Explains the impact of important recent case law, such as Brander v HMRC Commissioners, McCall v HMRC Commissioners and Atkinson v HMRC Commissioners
Examines the new blocking legislation designed to counter Melville 3 and Excluded Property schemes and considers Melville 4 schemes
Encompasses the extension of Disclosure of Tax Avoidance Schemes (DOTAS) to inheritance tax
For ease of use and to be as helpful as possible, McCutcheon features worked examples and case studies to explain complex topics and provides a clear breakdown of the structure of inheritance tax.
More details
Edition
6th edition
Language
English
Place of publication
London
United Kingdom
Publishing group
Sweet & Maxwell Ltd
Target group
Professional and scholarly
ISBN-13
978-0-414-03679-6 (9780414036796)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Content
Nielsen's table of contents
Part 1: Main Charging Provisions; Overview; Transfers of Value; Exempt Transfers; The Nil Rate Band; Potentially Exempt Transfers
Chargeable Lifetime Transfers; Reservation of Benefit; The Charge on Death, Partly Exempt Transfers and Posthumous Arrangements; Associated operations;
Part 2:The Special Charging Provisions; Overview: Charging Provisions Applying to Settled Property and Outline of the Special Charging Provisions; Settled Property Definitions; Interests in Possession; Main features of Relevant Property Regime; The Periodic Change; Exit Charges; Rates of Tax; Property held on Favoured Trusts; Accumulation and Maintenance Trusts; Bereaved Minors' Trusts; Age 18-to-25 Trusts; Trusts for Disabled Persons; Protective Trusts; Pension Schemes; Trusts for the Benefit of Employees;
Part 3: Special Subjects; Estate, Valuation, Liabilities and Revaluation reliefs; Control, Business, Agricultural and Woodlands Relief; Heritage Property; Partnerships; Administration; Part 4:The international Dimension; Territorial Scope: Domicile, Excluded Property, Situs; Double Taxation Relief; Aspects of International Estate Planning
Standard table of contents
Part
Main Charging Provisions
1- Overview
2- Transfers of Value
3- Exempt Transfers
4- The Nil Rate Band
5- Potentially Exempt Transfers
6- Chargeable Lifetime Transfers
7- Reservation of Benefit
8- The Charge on Death, Partly Exempt Transfers and Posthumous Arrangements
9- Associated operations
Part
The Special Charging Provisions
10- Overview: Charging Provisions Applying to Settled Property and Outline of the Special Charging Provisions
11- Settled Property Definitions
12- Interests in Possession
13- Main features of Relevant Property Regime
14- The Periodic Change
15- Exit Charges
16- Rates of Tax
17- Property held on Favoured Trusts
18- Accumulation and Maintenance Trusts
19- Bereaved Minors' Trusts
20- Age 18-to-25 Trusts
21- Trusts for Disabled Persons
22- Protective Trusts
23- Pension Schemes
24- Trusts for the Benefit of Employees
Part
Special Subjects
25- Estate, Valuation, Liabilities and Revaluation reliefs
26- Control, Business, Agricultural and Woodlands Relief
27- Heritage Property
28- Partnerships
29- Administration
Part
The international Dimension
30- Territorial Scope: Domicile, Excluded Property, Situs
31- Double Taxation Relief
32- Aspects of International Estate Planning
Part 1: Main Charging Provisions; Overview; Transfers of Value; Exempt Transfers; The Nil Rate Band; Potentially Exempt Transfers
Chargeable Lifetime Transfers; Reservation of Benefit; The Charge on Death, Partly Exempt Transfers and Posthumous Arrangements; Associated operations;
Part 2:The Special Charging Provisions; Overview: Charging Provisions Applying to Settled Property and Outline of the Special Charging Provisions; Settled Property Definitions; Interests in Possession; Main features of Relevant Property Regime; The Periodic Change; Exit Charges; Rates of Tax; Property held on Favoured Trusts; Accumulation and Maintenance Trusts; Bereaved Minors' Trusts; Age 18-to-25 Trusts; Trusts for Disabled Persons; Protective Trusts; Pension Schemes; Trusts for the Benefit of Employees;
Part 3: Special Subjects; Estate, Valuation, Liabilities and Revaluation reliefs; Control, Business, Agricultural and Woodlands Relief; Heritage Property; Partnerships; Administration; Part 4:The international Dimension; Territorial Scope: Domicile, Excluded Property, Situs; Double Taxation Relief; Aspects of International Estate Planning
Standard table of contents
Part
Main Charging Provisions
1- Overview
2- Transfers of Value
3- Exempt Transfers
4- The Nil Rate Band
5- Potentially Exempt Transfers
6- Chargeable Lifetime Transfers
7- Reservation of Benefit
8- The Charge on Death, Partly Exempt Transfers and Posthumous Arrangements
9- Associated operations
Part
The Special Charging Provisions
10- Overview: Charging Provisions Applying to Settled Property and Outline of the Special Charging Provisions
11- Settled Property Definitions
12- Interests in Possession
13- Main features of Relevant Property Regime
14- The Periodic Change
15- Exit Charges
16- Rates of Tax
17- Property held on Favoured Trusts
18- Accumulation and Maintenance Trusts
19- Bereaved Minors' Trusts
20- Age 18-to-25 Trusts
21- Trusts for Disabled Persons
22- Protective Trusts
23- Pension Schemes
24- Trusts for the Benefit of Employees
Part
Special Subjects
25- Estate, Valuation, Liabilities and Revaluation reliefs
26- Control, Business, Agricultural and Woodlands Relief
27- Heritage Property
28- Partnerships
29- Administration
Part
The international Dimension
30- Territorial Scope: Domicile, Excluded Property, Situs
31- Double Taxation Relief
32- Aspects of International Estate Planning