On the REIT track
Language: English Series: RICS Business ; October 2005, 24-25Publication details: 2005Subject(s): Summary: Suggests that the US experience of REITs shows that by providing a tax efficient investment vehicle the need for complex workings to minimise the corporate tax liability are eliminated but that attempting to levy any tax when a REIT is first set up would prevent their take up. Similarly governments need to consider whether other parts of the existing tax regime encourage or discourage the adoption of REITs. Includes a review of RICS' and others' concerns about the implementation of REITs in the UK.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L131292 (Browse shelf(Opens below)) | 1 | Available | 131292-1001 |
Suggests that the US experience of REITs shows that by providing a tax efficient investment vehicle the need for complex workings to minimise the corporate tax liability are eliminated but that attempting to levy any tax when a REIT is first set up would prevent their take up. Similarly governments need to consider whether other parts of the existing tax regime encourage or discourage the adoption of REITs. Includes a review of RICS' and others' concerns about the implementation of REITs in the UK.