TaxSource Total

Here you can access relevant source documents which support the summaries of key tax developments in Ireland, the UK and internationally

Source documents include:

The source documents are displayed per year, per month, by jurisdiction and by title

Draft Guidance on UK-REIT Legislation

The table below gives a summary of the contents of draft guidance (Greit – Guidance on Real Estate Investment Trusts) prepared by HMRC on the interpretation of the legislation relating to UK-REITs.

The legislation is in sections 103 to 145 and Schedules 16 and 17 Finance Act 2005 and in four sets of regulations in Statutory Instruments 2006/2864 to 2867.

Please note that, as the guidance is in draft form, the hyperlinks contained within it will not work. The links in the table below lead to each main section of the guidance. It will be necessary to scroll down within the section to see individual pages in that section.

The guidance, in its present state represents HMRC's preliminary opinions on interpretation of the legislation but any changes in the published guidance will supersede this draft. The published version should be available from late January.

This draft has been discussed with an industry working group but any further comments or suggestions should be sent by e-mail to: UK-REITs.