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Contents

Official guidance
Investment Funds Manual

IFM03400 · Tax treatment of investors in qualified investor schemes (QISs) and long-term asset funds (LTAFs)

  • IFM03410 · Basic position
  • IFM03420 · Consequences if the genuine diversity of ownership condition is breached
  1. Tax treatment of investors in qualified investor schemes (QISs) and long-term asset funds (LTAFs)
  2. Tax treatment of investors in qualified investor schemes (QISs) and long-term asset funds (LTAFs): Basic position

IFM03410 | Tax treatment of investors in qualified investor schemes (QISs) and long-term asset funds (LTAFs): Basic position

From HM Revenue & Customs · Investment Funds Manual

Tax treatment of investors in a QIS or LTAF

The tax treatment for all investors in a QIS or LTAF which meets the GDO is the same as if they had invested in a UK UCITS or non-UCITS retail fund – see IFM03100.

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