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Inhertitance from US - Tax?

Inhertitance from US - Tax?

One of my client (UK resident) has received under $500K inheritance from US. I would be grateful for responses how should this be treated from UK tax perspective.

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By pawncob
22nd Oct 2009 21:40

No charge
The estate would have been subject to US death duties. Any monies paid to UK resident would be net, and have no UK tax implications.

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By Anonymous
22nd Oct 2009 22:26

Thanks for your helpful response.

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