Stephen Herring Tax Partner and Andrew Levene Tax Director BDO Stoy Hayward consider possible systems for taxing PIFs and explain the thinking behind BDO SH's response to the Government's consultation paper
When we sat down to discuss the firm's response to the Government's consultation paper on the Property Investment Fund (PIF) the proposed tax-transparent property vehicle it seemed easy enough. However as we got into the detail it became clear that this was a far from simple exercise.
This article discusses possible systems for taxing PIFs and the thinking behind the system eventually put forward in our response to the Government. In the end we preferred a system which was simple and likely to be understood by a wide number of investors to one...
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Stephen Herring Tax Partner and Andrew Levene Tax Director BDO Stoy Hayward consider possible systems for taxing PIFs and explain the thinking behind BDO SH's response to the Government's consultation paper
When we sat down to discuss the firm's response to the Government's consultation paper on the Property Investment Fund (PIF) the proposed tax-transparent property vehicle it seemed easy enough. However as we got into the detail it became clear that this was a far from simple exercise.
This article discusses possible systems for taxing PIFs and the thinking behind the system eventually put forward in our response to the Government. In the end we preferred a system which was simple and likely to be understood by a wide number of investors to one...
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:
