Only limited indirect investment in taxable property will not be
subject to the tax charges on unauthorised payments set out in
pages
RPSM07109480 to
RPSM07109750. This is via genuinely
diverse commercial vehicles.
Indirect investments held through genuinely diverse
commercial vehicles will not be subject to tax charges when held as
a scheme investment by an investment regulated pension scheme.
There are three categories of genuinely diverse commercial vehicle,
UK REITS, see
RPSM07109430
Other kinds of vehicle see
RPSM07109440 and
Trading Concerns see
RPSM07109450
| Glossary ( RPSM20000000) |
