Tax incentive for property investment.
Tax incentive for property investment.
- 1999
- Financial Times 22 June 1999, 12(1) .
The Treasury is considering the introduction of US-style real estate investment trusts (REITs) in order to channel funds into property, particularly the private housing market and regeneration projects. REITs are exempt from corporation tax provided they pass along 95% of after-tax income to shareholders. REIT legislation is credited with beginning the transformation of the US real estate market to public ownership from private investment.
REITS
REITS
TAXATION
PROPERTY INVESTMENT
The Treasury is considering the introduction of US-style real estate investment trusts (REITs) in order to channel funds into property, particularly the private housing market and regeneration projects. REITs are exempt from corporation tax provided they pass along 95% of after-tax income to shareholders. REIT legislation is credited with beginning the transformation of the US real estate market to public ownership from private investment.
REITS
REITS
TAXATION
PROPERTY INVESTMENT