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LBTT reliefs for authorised property investment funds—consultation

LBTT reliefs for authorised property investment funds—consultation
Published on: 08 June 2018
Published by: LexisPSL
  • LBTT reliefs for authorised property investment funds—consultation
  • Original news
  • What is the background to this consultation?
  • What does the consultation propose?
  • How does LBTT apply to the initial seeding of a PAIF or CoACS and how is this different to the SDLT treatment?
  • How does LBTT apply to the exchange of units in CoACS and how is this different to the SDLT treatment?
  • Why is the SDLT and LBTT treatment different and why has it taken so long for the Scottish government to consider changing the LBTT regime?
  • Do you see any issues with the proposal?
  • Who is most likely to be affected?

Article summary

Tax analysis: Isobel d’Inverno, head of corporate tax at Brodies LLP, discusses the recent consultation on the potential introduction of reliefs from land and buildings transaction tax (LBTT). This will bring parity with stamp duty land tax (SDLT) for certain authorised property investment funds. or take a trial to read the full analysis.

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