Stephan
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Capital gains on foreign stock received as gift
A friend in the US purchased stock for $10 a long time ago, and it is now worth $200. They plan to gift me several of these stocks. If I sell them in the UK, will I be liable for capital gains tax on the difference between when I received them and when I sell them, or would I also be taxed on the $190 increase from my friend's original purchase price?