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Proceeding contribution from Mark Francois (Conservative) in the House of Commons on Wednesday, 5 July 2006. It occurred during Debate on bill on Finance (No 2) Bill.


Finance (No. 2) Bill

If more companies were allowed to list as REITs on the AIM, they would put their property portfolios into the REIT regime, on which a 2 per cent. entry charge would be levied, which would be revenue raising. The Economic Secretary said that part of the Government’s rationale in not allowing REITs to list on the AIM was to protect small investors. What is the difference in principle between small investors investing in lots of other companies listed on the AIM but not in property companies listed on it?


Secondary information

Type
Proceeding contribution
Reference
448 c917 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Accountancy Companies Decommissioning British Nuclear Fuels Corporation tax Computers Climate change levy Fraud EU countries Income tax Film Exemptions Excise duties EU internal trade Income Equipment Investment trusts Nuclear Decommissioning Authority Nuclear power stations Property Registration Tax allowances Tax avoidance Taxation VAT Real estate investment trusts
Legislation
Finance (No. 2) Bill 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk