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About Shaftesbury Capital Plc
This real estate investment trust (REIT) invests in commercial and retail property, with sites in Earls Court and Covent Garden. Property income distributions (PIDs) paid by UK REITs are subject to a 20% withholding tax. PIDs paid into ISAs are tax-exempt. Freetrade will reclaim the withholding tax and distribute to ISA holders approximately 30-60 days after the PID is paid.
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