Corporation tax reforms bad for regeneration
Corporation tax reforms bad for regeneration
- 2002
- Property Week 67(44) 15 November 2002, 5(1) .
The proposed reforms of corporation tax would undermine the government's regeneration agenda according to the British Property Federation (BPF). BPF's response to the Inland Revenue's consultation paper is critical of proposals to scrap capital allowances. Quoted property companies would be taxed on unrealised gains for the first time. BPF's response is available at http://www.bpf.propertymall.com/communication/comm_press_content.php?id=41 Inland Revenue consultation is at http://www.inlandrevenue.gov.uk/consult_new/corporation_tax.htm
CORPORATION TAX
CAPITAL ALLOWANCES
INLAND REVENUE
REGENERATION
The proposed reforms of corporation tax would undermine the government's regeneration agenda according to the British Property Federation (BPF). BPF's response to the Inland Revenue's consultation paper is critical of proposals to scrap capital allowances. Quoted property companies would be taxed on unrealised gains for the first time. BPF's response is available at http://www.bpf.propertymall.com/communication/comm_press_content.php?id=41 Inland Revenue consultation is at http://www.inlandrevenue.gov.uk/consult_new/corporation_tax.htm
CORPORATION TAX
CAPITAL ALLOWANCES
INLAND REVENUE
REGENERATION