UK cash is going walkies. Could REITs stop the offshore exodus?
Creasey, S.
UK cash is going walkies. Could REITs stop the offshore exodus? - 2003 - Property Week 68(48) 5 December 2003, 38-41(4) .
The latest article in a campaign for a UK Real Estate Investment Trust (REIT). Presents the argument that due to UK tax, billions of pounds of British property is held offshore and that if government allowed a tax-transparent UK version of the real estate investment trust, investors would hold property onshore and benefit the UK economy. Also explores how Britain is lagging behind the rest of the world and briefly outlines property investment vehicles in America, France, Netherlands, Belgium, Australia, Japan, Singapore and South Korea.
REITS
FRANCE
UNITED STATES
UNITED KINGDOM
AUSTRALIA
NETHERLANDS
BELGIUM
JAPAN
SINGAPORE
REPUBLIC OF KOREA
PROPERTY TRANSACTIONS
REITS
TAX EVASION
CAPITAL GAINS TAX
STAMP DUTY
OFFSHORE TAX HAVENS
INVESTORS
UK cash is going walkies. Could REITs stop the offshore exodus? - 2003 - Property Week 68(48) 5 December 2003, 38-41(4) .
The latest article in a campaign for a UK Real Estate Investment Trust (REIT). Presents the argument that due to UK tax, billions of pounds of British property is held offshore and that if government allowed a tax-transparent UK version of the real estate investment trust, investors would hold property onshore and benefit the UK economy. Also explores how Britain is lagging behind the rest of the world and briefly outlines property investment vehicles in America, France, Netherlands, Belgium, Australia, Japan, Singapore and South Korea.
REITS
FRANCE
UNITED STATES
UNITED KINGDOM
AUSTRALIA
NETHERLANDS
BELGIUM
JAPAN
SINGAPORE
REPUBLIC OF KOREA
PROPERTY TRANSACTIONS
REITS
TAX EVASION
CAPITAL GAINS TAX
STAMP DUTY
OFFSHORE TAX HAVENS
INVESTORS