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.

• From: HM Revenue & Customs
• Published: 20 March 2017

Documents

The Co-ownership Authorised Contractual Schemes (Tax) Regulations 2017

PDF, 144 KB, 4 pages

Explanatory Memorandum to the Co-ownership Authorised Contractual Schemes (Tax) Regulations 2017

PDF, 127 KB, 3 pages

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