Policy paper

Draft legislation: the Co-ownership Authorised Contractual Schemes (Tax) Regulations 2017

This draft legislation introduces new legal requirements on the operator of a co-ownership authorised contractual scheme (CoACS) provide certain tax information both to investors in the scheme and to HM Revenue and Customs.

Documents

Details

This draft legislation also introduces new legal requirements where a co-ownership authorised contractual scheme has made an investment in an offshore fund that certain amounts must be treated as the income of participants in the CoACS.

Published 20 March 2017