TSEM9105 - Ownership and income tax: legal background: ownership - meaning of property
鈥楶roperty鈥� does not necessarily mean 鈥榓 property鈥�, that is, land or buildings. It has a wider meaning. In this guidance 鈥榩roperty鈥� includes land and buildings, savings in bank and building society accounts, and shares.
For further detail about the legal background to types of property 鈥榬eal鈥� and 鈥榩ersonal鈥�, see TSEM6005-6016.