Skip to content
Solved
SearchBrowse
Sign in

Contents

Legislation
Inheritance Tax Act 1984

CHAPTER III SALE OF SHARES ETC. FROM DECEASED’S ESTATE

  • Section 178 Preliminary.
  • Section 179 The relief.
  • Section 180 Effect of purchases.
  • Section 181 Capital receipts.
  • Section 182 Payment of calls.
  • Section 183 Changes in holdings.
  • Section 184 Exchanges.
  • Section 185 Acquisition of like investments.
  • Section 186 Value of part of a fund.
  • Section 186A Cancelled investments.
  • Section 186B Suspended investments.
  • Section 187 Attribution of values to specific investments.
  • Section 188 Limitation of loss on sale.
  • Section 189 Date of sale or purchase.
  1. Chapter III · SALE OF SHARES ETC. FROM DECEASED’S ESTATE
  2. Limitation of loss on sale.

Section 188 | Limitation of loss on sale.

From legislation.gov.uk

In any case where, apart from this section, the loss on sale of any investments—

(a)in respect of which an amount has been paid in pursuance of a call as mentioned in section 182 above, or

(b)which are sold as mentioned in section 183(5) above,

would exceed their value as determined apart from this Chapter, their sale value shall be treated for the purposes of sections 179(2) and 187 above as being of such an amount that the loss on sale would be equal to their value as so determined.

PreviousNext
PrivacyTerms