PROPERTY TAX GAP WIDENS - EXTENDED TO TRUSTS The draft tax legislation we mentioned last month (tax relief for the transfer of residential property out of companies and CCs) has been extended to include properties held in trusts. Again, we'll give you full details if and when the legislation is approved and promulgated - in which event it will apply retrospectively to 11 February 2009 (so take advice if you intend in the interim to sell any residential property held in a company, CC or trust). Recent Articles for October 2009;
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