Submitted on Tuesday 8th November 2011
Published on Wednesday 9th November 2011
Current status: Closed
Closed: Friday 9th November 2012
Signatures: 57
Tagged with
Tax non residents on UK property gains
Foreign resident investors pay no UK capital gains tax on profits from the sale of UK property whereas for example a UK resident pays French tax or US tax on profits realised on French or US property gains. Foreign treasuries re benefitting form taxing such gains. The tax should come to the UK treasury first. This simply reflects what happens in other countries.
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