Call for abolition of 'discriminatory' taxes on property funds

By A staff reporter 2007-02-28T00:00:00

The Investment Management Association (IMA) is calling for the abolition of what it calls a 'discriminatory' tax regime for authorised funds investing in commercial property. These currently suffer a 20% corporation tax on rental income with no option to get it back as UK tax-exempt investors, while both property funds ...

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