(ii) State, giving reasons, the tax reliefs in relation to inheritance tax (IHT) and capit

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(ii) State, giving reasons, the tax reliefs in relation to inheritance tax (IHT) and capital gains tax (CGT) which

would be available to Alasdair if he acquires the warehouse and leases it to Gallus & Co, rather than to

an unconnected tenant. (4 marks)

参考答案:

(ii) Apart from the fact that Alasdair can keep an eye on his tenant, the main advantages are twofold:IHT: If the firm are the tenants, the property will be land and buildings used in a business carried on by a partnershipin which the donor is a partner.

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