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MShore
MShore, Attorney
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If I inherit a large sum of money from a relative in Scotland,

Resolved Question:

If I inherit a large sum of money from a relative in Scotland, do I have to pay taxes on this money when it is transferred to me?
Submitted: 8 years ago.
Category: Legal
Expert:  MShore replied 8 years ago.
Yes you will, inherited sums are still subject to taxes and will be taxed as income.
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