Global legal giant Dentons has launched an international real estate tax guide.
It analysis tax considerations in selected top target jurisdictions for property investment.
These include Australia, Canada, France,
Germany, Ireland, Luxembourg, Poland
Singapore, Spain, The Netherlands. the United Kingdom and the United States.
The guide provides an overview of the key tax consequences of acquiring and holding real estate investment assets in these jurisdictions.
It is intended as a comparative study to enable investors to consider the most consequential tax differences which may arise when investing in real estate in a jurisdiction, which may be unfamiliar to investors.
For example, the UK section of the guide addresses numerous property tax regulations, including issues around Stamp Duty, Value Added Tax, and taxes on rental income and capital gains.
Alex Thomas, co-leader of Dentons’ Global Tax Group, says: “As investors look to diversify real estate investments globally for asset and risk management, it is essential to understand the tax implications, to maximise return on investment.
“Taxes associated with real estate investments are numerous and often complex. However, issues can be avoided by careful planning and structuring.”
The guide is here: International Tax Guide to Real Estate Investment.