British finance minister refuses to deny foreign property tax plan

Reuters

LONDON, Nov 1 (Reuters) - British finance minister GeorgeOsborne refused on Friday to deny a report that he isconsidering imposing capital gains tax on foreign propertyinvestors.

Ahead of Osborne's Dec. 4. Autumn Statement on Britain'sfinances, local media have reported that Osborne is consideringimposing a capital gains tax on the sale of second homes inBritain owned by foreign investors.

"Well I am only a month off my Autumn statement so I am notgoing to comment on specific tax affairs - it's not a leak thatcomes from anyone near me," Osborne told the BBC when askedabout the reports.

"The only reason I don't want to deny it is because I don'twant to then get into a whole list of other things you are goingto ask me about," he said.

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