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StatuteInheritance Tax Act 1984

Section 41 — Inheritance Tax Act 1984: Burden of tax.

Text of the provision Official document

Burden of tax.

41 Notwithstanding the terms of any disposition—

a none of the tax on the value transferred shall fall on any specific gift if or to the extent that the transfer is exempt with respect to the gift, and b none of the tax attributable to the value of the property comprised in residue shall fall on any gift of a share of residue if or to the extent that the transfer is exempt with respect to the gift.

Official source: legislation.gov.uk

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