CG31130 - Death and Personal Representatives: Legatees and their treatment: Who is a legatee: Legatees: recipient under Donatio Mortis Causa is legatee
A person who receives a gift by way of donatio mortis causa, see CG30500+, is to be treated as a legatee for some limited purposes (TCGA92/S64 (2)). The person is not to be treated as a legatee for any of the purposes of TCGA92/S62 but is to be so treated for all other purposes of the Capital Gains Tax Acts. In particular this means that the provisions in TCGA92/S64 (1) allowing a deduction to a legatee for the cost of transferring an asset to that legatee, see CG31190, are to apply to such a recipient.