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The Chancellor gets this REIT

By: Language: English Series: Journal of the Law Society of Scotland ; 51(7) 24-25(2)Publication details: 2006Subject(s): Summary: Explains what REITs are, how shareholders are taxed, and how a company qualifies for REIT status. Looks at the conversion charge and compliance costs. Commends the straightforward way in which the Treasury has handled the introduction of the REITs legislation. Discusses the benefits for the commercial property sector.

Explains what REITs are, how shareholders are taxed, and how a company qualifies for REIT status. Looks at the conversion charge and compliance costs. Commends the straightforward way in which the Treasury has handled the introduction of the REITs legislation. Discusses the benefits for the commercial property sector.