IRS Reduces Built-in Gains Tax Period for REITs to Five Years
By EsqSocial Corporation 19/01/17
One of the key benefits of a real estate investment trust (“REIT”) is that it is effectively a pass through entity for income tax purposes. While a REIT pays tax on its taxable income, it also receives a dividends paid deduction on dividend...
By: Lowndes, Drosdick, Doster, Kantor & Reed,