Hi,
A friend and I are interested in investing in a Eastern European scheme where investors can get in at the development stage.
If we set up as a Partnership, and make a profit, where would we stand from a GCT perspective ? Would we get hit for 20% ? Also, can we re-invest the profit without taking a tax hit ?
A friend and I are interested in investing in a Eastern European scheme where investors can get in at the development stage.
If we set up as a Partnership, and make a profit, where would we stand from a GCT perspective ? Would we get hit for 20% ? Also, can we re-invest the profit without taking a tax hit ?