Market leading insight for tax experts
View online issue

REITs: the new consultation

The government recently launched an informal consultation on the REIT rules. Sarah Squires and Adrian Levy comment on the scope of the consultation

On 22 March 2011 the government announced that it would be launching an informal consultation on possible changes to the REIT rules now contained in CTA 2010 Part 12. On 5 April 2011 the consultation was launched with the publication of a list of ‘issues for discussion’ on HM Treasury’s website.

The informality of the consultation is certainly clear from the nature of that list – the questions are phrased broadly and are heavily focused on the potential economic impact of the proposed changes. In particular a key objective of the government seems to be identifying the extent to which the changes will encourage additional investment in the property sector. The consultation has two purposes:

  • first...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top