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News

Carried interest: legal challenge to the UK tax treatment

Recent publicity around the UK taxation of carried interest may, in due course, make it more likely that a UK government would look again at the tax rules around carried interest.

Insights and Analysis

Carried interest schemes for asset managers

During the last decade, the shape and source of capital flows and investment have fundamentally shifted. Private capital continues to flow into all asset classes including real estate,...

News

How the UK Trust Registration Service applies to trusts of real estate and changes for unit trusts

Trustees which are UK resident, have UK assets or income which trigger a UK tax liability or directly acquire UK land on or after 6 October 2020 will generally have to register the trust...

Insights and Analysis

The UK’s private REIT regime for institutional investors

The UK has introduced a new regime for investment in UK real estate through a “private” UK Real Estate Investment Trust (REIT). This is likely to be of particular interest to...

News

Applying an arm’s length comparator to intra-group debt: the role of third-party covenants

When applying the UK’s transfer pricing rules to compare an intra-group loan to the hypothetical arm’s length transaction that an independent third-party lender would have...

Insights and Analysis

Carried interest schemes for asset managers

During the last decade, the shape and source of capital flows and investment have fundamentally shifted. Private capital continues to flow into all asset classes including real estate,...

News

Anti-money laundering: which trusts in the UK real estate sector must register by 1 September 2022?

Trustees holding UK real estate must generally register the trust with HMRC following the extension of the Trust Registration Service. The TRS was launched in 2017 by the UK...

News

Anti-money laundering: which trusts in the UK real estate sector must register by 1 September 2022?

Trustees holding UK real estate must generally register the trust with HMRC following the extension of the Trust Registration Service. The TRS was launched in 2017 by the UK...

Insights and Analysis

Carried interest schemes for asset managers

During the last decade, the shape and source of capital flows and investment have fundamentally shifted. Private capital continues to flow into all asset classes including real estate,...

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