Funds managing taxIssue 1 - October 2009 |
Deemed capital gains tax treatment
This edition looks at the proposed ‘capital election’ to allow capital gains tax (CGT) to be the primary code for taxation of managed investment trusts (MITs) – and the changes that could result. This is the first of a number of MIT announcements expected to arise as a result of the Board of Taxation review.

Funds managing tax