This article was originally published by React News on September 16, 2022
A recent government consultation proposed that sovereign wealth funds investing in UK real estate would no longer have tax exemption from rental income and gains, but that a sovereign persons’ income and gains from UK property and UK trading would fall within the scope of UK tax.
A&M's Kersten Muller weighs in on the proposed changes and gives insight on why this happening now, who will be affected by these proposals, and how this will influence investments moving forward if passed.
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