IHTM27264 - Foreign property: specific British 바카라 사이트 Securities: exempt securities as partnership assets
Very occasionally the assets of a partnership may include exempt securities which will normally constitute 바카라 사이트渆xcepted assets바카라 사이트� (see IHTA84/S112) so they will not qualify for Business Relief. In this situation a partner바카라 사이트檚 transfer of their interest in the partnership will be excluded property:
- to the extent that it is attributable to the exempt securities (IHTM27241)
- and only if it satisfies the conditions specified for the security
You should calculate the amount to be excluded as follows:
(Value of exempt securities 梅 Total value of partnership) 脳 Value of transferor바카라 사이트檚 partnership interest