Taxes Consolidation Act 1997 section 705L

Transfer of assets

Section 705L sets out the capital gains tax treatment of assets when a company or group elects to become a REIT or group REIT, and when assets are transferred between the property rental business and the residual business of a REIT.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.