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Offshore Investment Funds Matching Rules

Sixto Olson
Posted Mon, 31 Jul 2023 08:37:48 GMT by Sixto Olson
What are the rules for matching units sold of an Offshore Investment Fund against units purchased on various dates? Are they similar to shares? e.g. Last in First out? Can one use the Part Disposal rule A/(A+B)?
HMRC Admin 5 Response
Posted Fri, 04 Aug 2023 13:00:43 GMT by HMRC Admin 5 Response
Hi

Have a look at IFM13510 - Offshore Funds: investors in non-reporting funds: computation of offshore income gain: introduction.  
This refers to election and it will be reported as one gain.

Thank you

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