Summary
GORDON Brown is to rewrite the rules for his flagship Real Estate Investment Trust regime just weeks after the scheme was launched.
His farewell Budget, expected next month, will make it much easier for big companies to ringfence their property income in tax- free Reits, which allow investors to put money into various types of property without having to buy into bricks and mortar.See the full content of this document
Extract
Brown to Ease the Reits Rules
An extra sweetener will give companies a year to pay the Reit entry fee o...
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