SolvedIFM22340 | Real Estate Investment Trust : Group conditions and rules: Financial Statements: property rental business and residual: other entities – table
From HM Revenue & Customs · Investment Funds Manual
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| Entity | % interest (I) held by Group REIT | Financial statement treatment |
|---|---|---|
| Members of Group REIT | I ≥ 75% | Transparent |
| Corporate joint venture with Joint Venture Look-Through election | I ≥ 40% | Transparent |
| Other corporate joint ventures | I less than 75% | Opaque |
| OEICs | I greater than 20% | Transparent |
| I ≤ 20% | Opaque | |
| All other TCGA companies | I less than 75% | Opaque |
| All other entities including unit trusts & partnerships | I greater than 20% | Transparent |
| I ≤ 20% | Opaque |