Tax Advice to the Real Estate Sector 

If you are involved in buying or selling real estate then there could be considerable tax implications.

 

We can help you tackle these head on, to help ensure you get the maximum return from your property deals.

What's on your mind?

 

  • Need to raise finance from real estate investments maximising local tax efficiency
  • Wanting to acquire or dispose of property either on own, in joint venture or within collective investment scheme, including any lease arrangements. Wanting to maximise returns to investors and worried current real estate structure is preventing this
  • Tax compliance is not up to investor's expectations

 

Bringing you peace of mind 

 

  • Our integrated service covers all tax issues, on both an international and domestic level
  • We use our experience to help ensure that the holding structure for real estate or any debt secured on real estate maximises the returns for your investors
  • We provide an integrated tax approach incorporating most of the taxes including direct tax, VAT and real estate taxes

 

What's in it for you? 

 

  • Better returns for your investors
  • Lower effective tax rate for investment in real estate across whole business cycle from acquisition to disposal
  • Manageable holding structures tailored to your specific needs, providing flexibility for exit and/or refinancing
  • Gaining access to current market trends and holding structures available for real estate on international scale

 

Why KPMG? 

 

  • We are widely regarded as the leading real estate tax teams across Europe, supported by the fact that KPMG's Real Estate Tax practice won Euromoney's 'Number One Real Estate Tax Advisory Firm of the Year 2008'
  • We take a lead role in the wider tax debate and have a track record of influencing and making representations through our involvement on property industry bodies
  • We have an extensive commercial breadth of experience encompassing all aspects of real estate from major fund launches, REIT issues to AIM listings

 

Case Study

 

  • US Opportunity Fund was looking to invest up to €3bn of equity in European real estate across a variety of commercial classes including office blocks, hotels and care homes
  • We provided tax structuring advice on the appropriate holding structure taking into account the asset class, any joint venture partners, finance arrangements, potential exit and incentive provided to management
  • Tax advice was provided throughout the investment lifecycle including assistance on refinancing, further joint ventures and exits undertaken as well as ongoing tax compliance
  • We co-ordinated all tax services across Europe to help ensure that a consistent reporting level and holistic approach was taken
  • We undertook the project management of a variety of workstreams to help ensure that the client was able to deliver within tight timeframes.

Contact

Contact

Richard White

 

Partner
KPMG LLP (UK)

020 7311 1301 | richard.white@kpmg.co.uk

 

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