Charles Elphicke, Partner, Mayer, Brown Rowe & Maw LLP, provides an overview of UK REITs and explains the conditions a company must meet to attain REIT status
Charles Elphicke Partner Mayer Brown Rowe & Maw LLP provides an overview of UK REITs and explains the conditions a company must meet to attain REIT status
United Kingdom real estate investment trusts (REITs) can be established from the beginning of 2007 under measures passed into law under Finance Act 2006. The new regime will exempt from UK tax the income and gains of certain companies from real estate investments.
In outline a UK company that satisfies certain conditions may elect to become a REIT and so ring-fence profits derived from its property business. These profits would not be taxable...
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:
Charles Elphicke, Partner, Mayer, Brown Rowe & Maw LLP, provides an overview of UK REITs and explains the conditions a company must meet to attain REIT status
Charles Elphicke Partner Mayer Brown Rowe & Maw LLP provides an overview of UK REITs and explains the conditions a company must meet to attain REIT status
United Kingdom real estate investment trusts (REITs) can be established from the beginning of 2007 under measures passed into law under Finance Act 2006. The new regime will exempt from UK tax the income and gains of certain companies from real estate investments.
In outline a UK company that satisfies certain conditions may elect to become a REIT and so ring-fence profits derived from its property business. These profits would not be taxable...
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:
