First guide published on tax treatment of Reits

Aimed at both advisers and private investors, the three-page note - available on the Reita website - the first guide on the tax benefits of Reits is designed to highlight the tax advantages of the investment compared with more traditional products. Reita, the marketing and education organisation formed the providers of reits and quoted property groups, says the guide clearly shows how the net cash receipts from an investment vary dramatically according to the type of shareholder and the investment vehicle used. For example, the guide suggests a shareholder investing in a reit through an...