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Publication - Consultation paper

Land and buildings transaction tax - property investment funds: consultation

Published: 3 May 2018
Directorate:
Financial Strategy Directorate
Part of:
Economy, Housing
ISBN:
9781788518680

Consultation to seek opinions and commentary on the potential introduction of reliefs from LBTT to bring parity with Stamp Duty Land Tax (SDLT) for certain authorised property investment funds. Specifically a relief for the ‘seeding’ (initial transfe

23 page PDF

618.5 kB

23 page PDF

618.5 kB

Contents
Land and buildings transaction tax - property investment funds: consultation
List of Abbreviations

23 page PDF

618.5 kB

List of Abbreviations

SLfT

Scottish Landfill tax

AUT

Authorised Unit Trust

CoACS

Co-Owned Authorised Contractual Schemes

PAIF

Property Authorised Investment Fund (a type of Open Ended Investment Company with primarily property assets)

OEIC

Open Ended Investment Company (a type of company that is structured to invest in other companies and assets with a flexible make up)

LBTT

Land and Buildings Transaction Tax (Scottish property and land transaction tax)

SDLT

Stamp Duty Land Tax ( UK property transaction tax)

ECHR

European Court of Human Rights

RSTPA

Revenue Scotland Tax Powers Act

GDO

Genuine Diversity of Ownership


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