If someone inherits a property, a certain amount of inheritance tax is due (in Spain) and I think the property cannot be transferred to the beneficiary until the tax is paid. If the benficiary has no cash to pay the tax how can the property be sold first ?
This is a real case and there seems to be an impass. - they cannot pay the tax unless they get money from the house but they cannot sell the house until they pay the tax.
19 Nov 07 - IS THERE ANY GENERAL ANSWER TO THIS PROBLEM ?
28 Nov 07 - NO ANSWER TO A FAIRLY SIMPLE QUESTION ?
This is a real case and there seems to be an impass. - they cannot pay the tax unless they get money from the house but they cannot sell the house until they pay the tax.
19 Nov 07 - IS THERE ANY GENERAL ANSWER TO THIS PROBLEM ?
28 Nov 07 - NO ANSWER TO A FAIRLY SIMPLE QUESTION ?
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