Derivative trading to be less taxing
Simpkins, E.
Derivative trading to be less taxing - 2004 - RICS Business May 2004, 11(1) .
Draws attention to a largely unnoticed change in the tax rules, which will soon allow losses made speculating on movements in the various Investment Property Databank indices of property returns to be offset against tax in the same way as real estate speculation losses. Predicts that this change will allow the development of a huge market in property derivatives, which could outstrip the value of transactions in direct property within a few years. Suggests that investment professionals should welcome this development as it improves the attractiveness of property as an asset class.
ASSET CLASSES
OFFSET
PROPERTY DERIVATIVES
TAXATION
INVESTMENT PROPERTY DATABANK
PROPERTY INVESTMENT
Derivative trading to be less taxing - 2004 - RICS Business May 2004, 11(1) .
Draws attention to a largely unnoticed change in the tax rules, which will soon allow losses made speculating on movements in the various Investment Property Databank indices of property returns to be offset against tax in the same way as real estate speculation losses. Predicts that this change will allow the development of a huge market in property derivatives, which could outstrip the value of transactions in direct property within a few years. Suggests that investment professionals should welcome this development as it improves the attractiveness of property as an asset class.
ASSET CLASSES
OFFSET
PROPERTY DERIVATIVES
TAXATION
INVESTMENT PROPERTY DATABANK
PROPERTY INVESTMENT