On 5 March 2021, the UK’s Financial Conduct Authority (the FCA) announced that all LIBOR settings will either cease to be provided by any administrator or will no longer be representative by 31 December 2021 or, for some...more
4/21/2021
/ Commodities ,
Financial Conduct Authority (FCA) ,
Financial Markets ,
Financial Transactions ,
Gulf Cooperation Council (GCC) ,
Libor ,
Loan Agreements ,
Purchasers ,
Risk Free Rates (RFRs) ,
Sellers ,
Sterling Risk-Free Reference Rates (SRFRR) ,
UK
Non-UK resident investors (Investor) usually acquire UK commercial real estate (UK Property) through non-UK resident companies, for example Jersey limited liability companies. A typical holding structure put in place by an...more
1. Introduction -
This client alert provides a summary of key UK tax considerations when a nonresident invests into UK commercial real estate. There are a number of holding structures for investment into UK real estate...more