The regulator’s draft ‘transmission to legal heirs’ (TLH) code aims to stop heirs from being wrongly taxed on inherited securities. Experts welcome the move but warn gaps in law, compliance, and nominee rules could keep disputes alive.
The regulator’s draft ‘transmission to legal heirs’ (TLH) code aims to stop heirs from being wrongly taxed on inherited securities. Experts welcome the move but warn gaps in law, compliance, and nominee rules could keep disputes alive.