REIT-style tax status makes Canary Wharf unique

By James Whitmore, Clayton Hirst, James Whitmore Clayton Hirst5 March 1999

With a projected market value of around £2.4bn, it will become the third-largest quoted property company, after Land Securities and British Land, but it will be unique among the major property companies because of its tax status. Paying no capital gains tax, no corporation tax until 2006 at the earliest ...

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