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Proceeding contribution from Chris Huhne (Liberal Democrat) in the House of Commons on Tuesday, 7 June 2005. It occurred during Debate on bill on Finance Bill.


Finance Bill

I know of no institutional investor who directly manages residential property: they may own it directly, but they have an intermediary managing the property for them. However, I shall enter into correspondence with the hon. Gentleman on the subject. My understanding is that relatively little, if any, investment goes into residential property directly, as opposed to via other investment funds, so I doubt that a distortion such as he describes would be created.


Secondary information

Type
Proceeding contribution
Reference
434 c1152 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Accountancy Capital gains tax Corporation tax Income tax Gift aid National income Public expenditure Lump sum payments Public sector debt Tax avoidance Taxation VAT Stamp duties
Legislation
Finance Bill 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk