| 000 | 01075cam a2200229 4500 | ||
|---|---|---|---|
| 001 | WB3846-19 | ||
| 008 | 021211n2002 000 0 eng u | ||
| 035 | _a(Sirsi) u120738 | ||
| 245 | _aRICS condemns Brown's VAT crackdown | ||
| 260 | _c2002 | ||
| 490 |
_aProperty Week _v67(48) 6 December 2002, 5(1) |
||
| 520 | _aRICS condemns government plans to close a VAT loophole as announced in the pre-budget report. The measures would ensure that VAT was paid on the sale of newly constructed commercial property within three years of completion. Some investors find ways of avoiding the tax by creating other payment structures or creating associated companies. RICS does not defend these tax avoiding measures but questions the thinking behind the crackdown and the figure of £165m which the government expects to generate from the measure. | ||
| 590 | _aWB | ||
| 650 | _aLOOPHOLES | ||
| 650 | _aPROPERTY-COMMERCIAL PROPERTY | ||
| 650 | _aSTAMP DUTY | ||
| 650 | _aVALUE ADDED TAX | ||
| 650 | _aTAX AVOIDANCE | ||
| 650 | _aBPF | ||
| 690 | _aTAXATION | ||
| 942 | _n0 | ||
| 999 |
_c71749 _d71749 |
||