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TSEM9130: Ownership — beneficial owner

HM Revenue & Customs · 2016

About this source

The official guidance page consulted for the legal distinction between title and beneficial interest.

CLAIM CONNECTIONS / 2

Where this source is used

  • A claim of social ownership should identify who holds legal title, who is entitled to benefit, who can govern the asset, and who receives its income or surplus.

    • supports · paragraphs 1–3

  • Legal title identifies the person or entity in whose name property is held, while beneficial ownership identifies the person for whose benefit it is held; the two can be separated.

    • supports · paragraphs 1–3