ITT - Taxation and reuse - UID 350

We know that the structure of taxes shapes decisions about how and what to invest in. To better understand the incentives around the reuse of historic buildings, this study will look at how tax impacts on the finances of reuse projects, how the tax impacts differ depending on the type of project or developer, what the implications are for cash flow vs total financial impacts, and where the incidence of tax may be different to where the liability falls. The outputs of the research will include a set of project finance / tax numbers for a range of representative projects covering a range of different types of development / developer; an assessment of how the impacts of tax – and different approaches to subsidy, impact on different types of developer and project and the relative impacts of changes to tax / subsidy.