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Practice Update Newsletter – September/October 2008

In this edition of Practice Update:

1. Dividend Waivers – Take Care! Are the settlements rules always a problem for spouses?

2. A Useful Exemption – A recent tax case concerning an IHT exemption, which has no upper monetary limit.

3. Share Sale Trap - When can the ‘loans to particpators’ rules in TA 1988, s 419 apply?

4. Associated Companies – A welcome relaxation in the rules, in connection with business partners.

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