SCHEDULES

SCHEDULE 18Serial tax avoidance

PART 7Supplemental

Inheritance tax

56

(1)

In the case of inheritance tax, each of the following is treated as a return for the purposes of this Schedule—

(a)

an account delivered by a person under section 216 or 217 of IHTA 1984 (including an account delivered in accordance with regulations under section 256 of that Act);

(b)

a statement or declaration which amends or is otherwise connected with such an account produced by the person who delivered the account;

(c)

information or a document provided by a person in accordance with regulations under section 256 of that Act;

and such a return is treated as made by the person in question.

(2)

In this Schedule (except where the context requires otherwise) “assessment”, in relation to inheritance tax, includes a determination.