Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017

Acquisition by trustees of settlement

This adran has no associated Nodiadau Esboniadol

4Where persons acquire a chargeable interest or an interest in a partnership as trustees of a settlement, they are to be treated for the purposes of this Act, as it applies in relation to that acquisition, as buyers of the whole of the interest acquired (including the beneficial interest).