IHTM04073 - Lifetime transfers: what is the value transferred by a gift with reservation of benefit?
The value transferred (IHTM04028) by a gift with reservation (IHTM04071) will depend on how the gift is being taxed. If it is being taxed as part of the deceased바카라 사이트™s estate on death, the property transferred will be valued as part of the deceased바카라 사이트™s estate. (IHTM04044)
If it is being taxed as a potentially exempt transfer (IHTM04057) the property transferred will be valued on the basis of the loss to the transferor바카라 사이트™s estate. (IHTM04054)