Inheritance Tax Manual

IHTM04260 - Foreign `unsettled` property

바카라 사이트˜Unsettled바카라 사이트™ is a convenient description of property (IHTM04030) which is owned absolutely, andÌýnot held in a settlement (IHTM16042). Unsettled property which, at the time of its transfer, is situated abroad is excluded property (IHTM04251) if the individual/transferor beneficially entitled (IHTM04031) to it is not a long-term UK resident (IHTM47000)Ìý(transfers on or after 6 April 2025) or was domiciledÌý(IHTM13000) outside the UK (transfers before 6 April 2025), IHTA84/S6 (1).Ìý
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Conversely, all unsettled property beneficially owned byÌýa long-term UK resident (transfers on or after 6 April 2025) or aÌýUK domiciliary (transfers before 6 April 2025) is within the scope of Inheritance Tax, regardless of the locality (IHTM27071) of the property.Ìý
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Your investigation should follow the principles in IHTM바카라 사이트¯Chapter 9 (IHTM09000) bearing in mind the special factors relevant to excluded property.Ìý
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If you have any doubt about whether the property concerned is 바카라 사이트˜unsettled바카라 사이트™ or 바카라 사이트˜settled바카라 사이트™ you should consult Technical.Ìý