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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: Investment transactions of investment trusts

IFM14268 | Taxation of investment trusts: Investment transactions of investment trusts

From HM Revenue & Customs · Investment Funds Manual

Regulation 32 of SI 2011/2999 prevents certain investment transactions carried out by investment trusts from being characterised as trading transactions for tax purposes.

SI 2014/685 provides the definition of what constitutes an investment transaction and further guidance is in IFM18000.

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