Page 9 - P6 Slide Taxation - Lecture Day 2 - Donations tax and Estate duty.

Valuation of property

Limited interests:
Something less

Fiduciary rights than full

ownership
Usufruct

Bare dominium
Ended at death

Annuities charged upon property – to someone

else
Annuities not charged upon property –

Someone will get it at death

REFER TO HAND OUTS