Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a Property Authorised Investment Fund (PAIF)?

April 26, 2017authorised fund Investment paif Property

0

Posted

What is a Property Authorised Investment Fund (PAIF)?

1 Answer

0

Posted

A PAIF is an authorised OEIC investing mainly in property or property related interests and that has elected to be a PAIF. Provided certain conditions are met a PAIF is exempt from tax on the income arising from its property related assets. This serves to eliminate the inefficiencies of authorised funds for tax exempt investors.