Property authorised investment funds: tax | Practical Law

Property authorised investment funds: tax | Practical Law

Property authorised investment funds (PAIFs) are open-ended investment companies (OEICs) that invest in real estate. If certain conditions are satisfied, property income received by a PAIF is exempt from tax. This practice note discusses the conditions for entry into the regime, and the tax treatment of the PAIF and its investors.

Property authorised investment funds: tax

Practical Law UK Practice Note 0-380-3898 (Approx. 26 pages)

Property authorised investment funds: tax

MaintainedEngland, Northern Ireland, Wales
Property authorised investment funds (PAIFs) are open-ended investment companies (OEICs) that invest in real estate. If certain conditions are satisfied, property income received by a PAIF is exempt from tax. This practice note discusses the conditions for entry into the regime, and the tax treatment of the PAIF and its investors.