IHTM27128 - Foreign property: Canadian companies: branch registers of British Colombian and Newfoundland companies

Branch registers of companies in these two provinces of Canada can be kept outside the province, so the location of the shares will be determined by the location of the branch register.

In certain circumstances shares registered on a branch register in the name of a deceased member can be transferred only on a duplicate register kept at the registered office of the company. This restriction does not affect locality for Inheritance Tax purposes on the deceased’s death.