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Contents

Official guidance
Investment Funds Manual

IFM14200 · Taxation of investment trusts

  • IFM14210 · Introduction
  • IFM14220 · Income
  • IFM14230 · Loan relationships and derivative contracts
  • IFM14240 · Management expenses and credits to capital
  • IFM14250 · Capital gains realised by investment trusts
  • IFM14260 · Interests in offshore non-reporting funds: Income gains realised by investment trusts
  • IFM14264 · Interests in offshore non-reporting funds treated as investments in reporting funds
  • IFM14266 · Interests in offshore non-reporting funds: index tracking funds
  • IFM14268 · Investment transactions of investment trusts
  • IFM14270 · Transfer of assets - anti avoidance
  • IFM14280 · Interest distributions
  1. Taxation of investment trusts: contents
  2. Taxation of investment trusts: Introduction

IFM14210 | Taxation of investment trusts: Introduction

From HM Revenue & Customs · Investment Funds Manual

Investment trusts are within the charge to corporation tax on income but exempt from corporation tax on any chargeable gains (TCGA92/S100(1)). Special rules also apply in relation to loan relationships and derivatives.

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