SCHEDULES
SCHEDULE 36Treatment of liabilities for inheritance tax purposes
IHTA 1984
2
1
Section 162 (liabilities) is amended as follows.
2
In subsection (4), after “possible” insert “
and to the extent that it is not taken to reduce value in accordance with section 162B
”
.
3
In subsection (5), after “possible” insert “
and to the extent that it is not taken to reduce value in accordance with section 162B
”
.