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CB1 BOND for DELIVERY of PERISHABLE or OTHER GOODS PRIOR to PAYMENT of DUTY DOC Tra Go  Form

CB1 BOND for DELIVERY of PERISHABLE or OTHER GOODS PRIOR to PAYMENT of DUTY DOC Tra Go Form

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Instructions and help about CB1 BOND FOR DELIVERY OF PERISHABLE OR OTHER GOODS PRIOR TO PAYMENT OF DUTY doc Tra Go

this is a lecture from open tuition to benefit from the lecture you should download the free lecture notes from opentuition.com well in our first session together looking at iht we learned that for iht to arise there had to be a transfer of value being made by the taxpayer and we learnt that a transfer of value was basically a gift a gift that could of course be made either in lifetime or more likely for most taxpayers on death and that transfer of value was usually equal to the market value of whatever the asset was that was being transferred but we had to learn how to apply the proper definition of a transfer of value which of course is the loss to the estate of the donor and that was a simple enough calculation if you knew of course to do the calculation being simply the difference between what the taxpayer had before the transfer and what the taxpayer had after the transfer the most usual situation in which that particular principle is tested is when dealing with a lifetime transfe

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