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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