By Frances Ivens2018-11-01T05:35:00
The government has proposed giving REITs an exemption to capital gains tax (CGT) when they make disposals of UK properties held in company structures.
In a document published alongside the Budget this week, the government said REITs would no longer be taxed on gains from the sale of so-called “property-rich entities”. REITs are already exempt from capital gains tax when they dispose of UK properties directly.
You must be logged in to continue
Register for free to finish this article
Registration includes the following benefits:
To access this article REGISTER NOW
Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.