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Tax Law Roundup current law developments in U.S. taxation

Tag Archives: TRS

U.S. REIT Act Would Update REIT Statute

Posted in General, Legislative, Real Estate

The recently introduced US REIT Act of 2012 (H.R. 5746) would provide a series of helpful changes to the rules governing Real Estate Investment Trusts (REITs).  REITs, which achieve a single level of taxation through a dividends-paid-deduction, have strict rules to ensure that they are focused on long term investment in real estate.  The proposed legislation… Continue Reading