UK real estate investment trusts a discussion paper

UK real estate investment trusts a discussion paper - Norwich HMSO 2005

Reaffirms government commitment in principle to reforming the taxation of property investment. Reviews the policy rationale for introducing a REIT in the UK, highlights the key structural features that may apply to a UK-REIT, outlines its tax treatment and describes further action including setting up a working group with industry representatives. Subject to finding workable solutions to the outstanding issues, government aims to legislate for a UK-REIT in the Finance Bill 2006.

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