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Contents

Official guidance
Inheritance Tax Manual

IHTM27000 · Foreign property

  • IHTM27001 · Introduction
  • IHTM27023 · Valuation of assets: unlisted foreign shares
  • IHTM27031 · Valuation of assets: household and personal goods
  • IHTM27032 · Valuation of assets: deduction of foreign debts
  • IHTM27042 · Valuation of assets: loss on sale of foreign land
  • IHTM27043 · Valuation of assets: fall in value relief on foreign land or buildings
  • IHTM27050 · Valuation of assets: deduction for administration of non-UK assets
  • IHTM27052 · Valuation of assets: claims for compensation
  • IHTM27053 · Valuation of assets: foreign rulers and sovereign immunity
  • IHTM27054 · Valuation of assets: usufruct
  • IHTM27060 · Blocked assets
  • IHTM27071 · Locality of assets (situs): introduction
  • IHTM27072 · Locality of assets (situs): unadministered estates
  • IHTM27073 · Locality of assets (situs): ships
  • IHTM27074 · Locality of assets (situs): land and interests in land
  • IHTM27075 · Locality of assets (situs): household and personal goods
  • IHTM27076 · Locality of assets (situs): bearer securities
  • IHTM27077 · Locality of assets (situs): Eurobonds
  • IHTM27079 · Specialty debts: bonds and debentures under seal
  • IHTM27080 · Specialty debts: Treasury Bills, British Savings Bonds, National Savings Income Bonds
  • IHTM27091 · Debts: contractual
  • IHTM27092 · Debts: debts in Scotland
  • IHTM27093 · Debts: bank accounts
  • IHTM27101 · Money from a life policy: general rule
  • IHTM27102 · Money from a life policy: payment made at place other than Head Office
  • IHTM27103 · Money from a life policy: policy issued at branch office
  • IHTM27104 · Money from a life policy: policies under seal
  • IHTM27121 · Inscribed and registered securities: usual location
  • IHTM27122 · Inscribed and registered securities: branch registers
  • IHTM27123 · Inscribed and registered securities: effectiveness of register
  • IHTM27124 · Inscribed and registered securities: overseas branch registers of UK companies
  • IHTM27125 · Inscribed and registered securities: duplicate or multiple registers of non-UK companies
  • IHTM27127 · Canadian companies: transfer agencies
  • IHTM27128 · Canadian companies: branch registers of British Colombian and Newfoundland companies
  • IHTM27129 · Canadian companies: Nova Scotia companies
  • IHTM27141 · Securities issued by international organisations: list of non-UK situs organisations
  • IHTM27142 · Securities issued by international organisations: designated as non-UK by Treasury
  • IHTM27143 · Securities issued by international organisations: OECD & Inter-American Development Bank
  • IHTM27150 · Securities issued by international organisations: share certificates endorsed in blank
  • IHTM27160 · Double Taxation Conventions: What is Double Taxation Relief?
  • IHTM27161 · Double Taxation Conventions: introduction
  • IHTM27163 · Double Taxation Conventions: exchange of information: why exchange information?
  • IHTM27164 · Double Taxation Conventions: exchange of information: information bulletin procedure with convention partners (form 730)
  • IHTM27165 · Double Taxation Conventions: exchange of information: list of conventions
  • IHTM27168 · Double Taxation Conventions: Republic of Ireland
  • IHTM27169 · Double Taxation Conventions: South Africa
  • IHTM27170 · Double Taxation Conventions: USA
  • IHTM27171 · Double Taxation Conventions: Netherlands
  • IHTM27172 · Double Taxation Conventions: Sweden
  • IHTM27173 · Double Taxation Conventions: Switzerland
  • IHTM27174 · Double Taxation Conventions: France
  • IHTM27175 · Double Taxation Conventions: Italy
  • IHTM27177 · Double Taxation Conventions: certification and taxing rights: USA
  • IHTM27178 · Double Taxation Conventions: certification and taxing rights: South Africa
  • IHTM27183 · Double Taxation Conventions: Double Taxation Relief: when a claim is made
  • IHTM27185 · Double Taxation: Unilateral Relief
  • IHTM27186 · Double Taxation Conventions: Unilateral Relief: which provisions apply?
  • IHTM27187 · Double Taxation Conventions: Unilateral Relief: relief under IHTA84/S159 (2)
  • IHTM27188 · Double Taxation Conventions: Unilateral Relief: relief under IHTA84/S159 (3) and S159 (4)
  • IHTM27189 · Double Taxation Conventions: Unilateral Relief: procedure when both IHTA84/S159 (2) and S159 (3) apply
  • IHTM27190 · Double Taxation Conventions: procedure: procedure with convention partners
  • IHTM27200 · Double Taxation: procedure when both forms of relief apply
  • IHTM27201 · Double Taxation Relief: procedure for relief by concession on shares
  • IHTM27202 · Double Taxation Conventions: proper law of settlement
  • IHTM27211 · Property excluded from Inheritance Tax: introduction
  • IHTM27212 · Property excluded from Inheritance Tax: foreign unsettled property
  • IHTM27220 · Property excluded from Inheritance Tax: foreign settled property
  • IHTM27230 · Property excluded from Inheritance Tax: reversionary interests
  • IHTM27241 · Specific British Government Securities: introduction
  • IHTM27247 · Discretionary trusts and exempt securities: introduction
  • IHTM27248 · Discretionary trusts and exempt securities: unknown persons
  • IHTM27249 · Discretionary trusts and exempt securities: charities
  • IHTM27250 · Discretionary trusts and exempt securities: exit charge
  • IHTM27251 · Discretionary trusts and exempt securities: anti-avoidance rules
  • IHTM27252 · Discretionary trusts and exempt securities: exception for certain settled reversions
  • IHTM27260 · Specific British Government Securities: exclusion of interest on exempt securities
  • IHTM27261 · Specific British Government Securities: exclusion of repayment of Income Tax on exempt securities
  • IHTM27262 · Specific British Government Securities: reversionary interest in exempt securities
  • IHTM27263 · Specific British Government Securities: exempt securities in unadministered estates
  • IHTM27264 · Specific British Government Securities: exempt securities as partnership assets
  • IHTM27270 · Property excluded from Inheritance Tax: specific savings held by taxpayers in Channel Islands or Isle of Man (transfers before 6 April 2025)
  • IHTM27272 · Specific property of visiting forces and staff of Allied Headquarters: introduction
  • IHTM27273 · Specific property of visiting forces and staff of Allied Headquarters: assets excluded from UK Inheritance Tax
  • IHTM27274 · Specific property of visiting forces and staff of Allied Headquarters: qualifying person
  • IHTM27275 · Specific property of visiting forces and staff of Allied Headquarters: list of designated countries
  • IHTM27011 · Investigation of form IHT417: introduction
  • IHTM27012 · Investigation of form IHT417: service
  • IHTM27013 · Investigation of form IHT417: Compliance Group
  • IHTM27022 · Valuation of assets: listed foreign shares
  • IHTM27024 · Valuation of assets: loss on sale of shares
  • IHTM27025 · Valuation of assets: fall in value relief
  • IHTM27041 · Valuation of assets: foreign land or buildings: procedure
  • IHTM27051 · Valuation of assets: conversion of foreign currency
  • IHTM27151 · Securities issued by international organisations: bank or building society accounts in the Channel Islands and Isle of Man
  • IHTM27166 · Double Taxation Conventions: exchange of information: information bulletin received from convention countries
  • IHTM27176 · Double Taxation Conventions: certificate of tax paid: procedure with non-convention countries
  • IHTM27181 · Double Taxation Conventions: Double Taxation Relief: what is the relief?
  • IHTM27182 · Double Taxation Conventions: Double Taxation Relief: credit for relief claimed before grant
  1. Foreign property: contents
  2. Foreign property: valuation of assets: loss on sale of foreign land

IHTM27042 | Foreign property: valuation of assets: loss on sale of foreign land

From HM Revenue & Customs · Inheritance Tax Manual

The relief for loss on sale of land (IHTA84/S190) also applies to foreign land. The procedure is the same as that for relief for loss on sale of land in the UK (IHTM33001).

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