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non-resident capital gains tax on property

non-resident capital gains tax on property companies

Is there an easy definition of a UK property rich company in terms of ascertaining whether a disposal of the shares by a non UK resident would be caught by the non-resident capital gains tax regime ?

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21st May 2019 17:12

"Property rich entities" derive more that 75% of their value from UK land.
For the gory detail see :-https://assets.publishing.service.gov.uk/government/uploads/system/uploa...

page 26 et seq.

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21st May 2019 17:32

many thanks Montrose

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