REIT on
Language: English Series: Taxation ; 156(4041) 19 January 2006, 391-394(4)Publication details: 2006Subject(s): Summary: Reviews the draft legislation recently issued by HMRC governing the introduction of a UK real estate investment trust (L131946). REIT is highly successful medium for real estate investment in North America, and although it is only just emerging in Europe, there are hopes that in time its model will develop into the global standard for property investment. It is anticipated that this in turn will open up real estate markets to a broader community of investor and a wider spectrum of real estate asset class. The article provides some guidance notes relating to its benefits, taxation of activities and investors, qualifying conditions and how to be elected into the regime.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L132264 (Browse shelf(Opens below)) | 1 | Available | 132264-1001 |
Reviews the draft legislation recently issued by HMRC governing the introduction of a UK real estate investment trust (L131946). REIT is highly successful medium for real estate investment in North America, and although it is only just emerging in Europe, there are hopes that in time its model will develop into the global standard for property investment. It is anticipated that this in turn will open up real estate markets to a broader community of investor and a wider spectrum of real estate asset class. The article provides some guidance notes relating to its benefits, taxation of activities and investors, qualifying conditions and how to be elected into the regime.