Taxes Consolidation Act 1997 section 978

Gifts: recovery of capital gains tax from donee

Section 978 sets out the rules under which a donee who receives a gift may be assessed for capital gains tax left unpaid by the donor in respect of the chargeable gain arising on that gift.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.