Download or read book The Tax Treatment of Collective Investment Vehicles and Real Estate Investment Trusts written by Hein Vermeulen and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Guide to Global Real Estate Investment Trusts written by Stefano Simontacchi and published by Kluwer Law International B.V.. This book was released on 2022-09-19 with total page 693 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global listed property sector has been characterized by a variety of noteworthy developments in recent times, the proliferation of real estate investment trust-type structures in countries around the world key among them. Despite an uncertain economic environment, REITs have proven their ability to promote institutional real estate investments in global financial markets. This highly practical book features a comprehensive analysis of both the legal and tax underpinnings of REIT-friendly legislation in a variety of the world’s most significant jurisdictions. With regard to the legal framework, the structure and functioning of a REIT are carefully investigated and explained. In terms of tax issues, the book focuses on such key issues as: REIT formation, operation and liquidation; mergers, acquisitions and dispositions; and planning for public and private REIT offerings and re-securitizations. REITs are inherently complex, and their interplay with tax treaties further compounds the complexity. This highly accessible yet authoritative work is the perfect decision-making tool for any professional looking for perspective and guidance on the challenges and opportunities REITs engender.

Download or read book Real Estate Investment Trusts written by Commerce Clearing House and published by . This book was released on 1960 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Taxation of Real Estate Investment Trusts REITs in the United States and of their German Shareholders written by Katja Schlemmbach and published by GRIN Verlag. This book was released on 2012-03-02 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bachelor Thesis from the year 2008 in the subject Business economics - Accounting and Taxes, grade: 1.3, Wiesbaden University of Applied Sciences, language: English, abstract: Die Arbeit beschäftigt sich mit den besonderen Vorschriften des US-Steuerrechts für REITs. Außerdem werden das deutsch-amerikanische DBA und Provisionen des dt. Steuerrechts für Anleger des US-REITs betrachtet. - This thesis treats the provisions of the US tax lax concerning REITs and the provisions of the DTA and the US and the german tax law regarding the shareholders of those REITs.

Download or read book Real Estate Investment Trusts Handbook written by William A. Kelley and published by ALI-ABA. This book was released on 1998 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Taxation of Real Estate Investment Trusts 2021 written by James M Lowy and published by . This book was released on 2020-12-30 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of Real Estate Investment Trusts ("REITs") has transformed the ownership and operation of real estate in the United States. There are approximately two hundred exchange-listed REITs, fifty non-listed public REITs and a much larger number of privately-held REITs. Taxation of Real Estate Investment Trusts provides an exhaustive analysis of the complex tax rules that govern the organization and operation of the REIT vehicle, addresses cutting edge structuring techniques and planning ideas, considers the tax treatment of REIT shareholders, including pension trusts, foreign investors and foreign governments, and summarizes the evolution of the REIT rules since their enactment in 1960. In addition to other guidance, the large body of private letter rulings issued by the IRS with respect to REIT issues is described. Because many REITs own property through partnerships in a structure often referred to as an "UPREIT," pertinent partnership tax issues are discussed in detail, including various structuring techniques utilizing partnerships.

Download or read book Guide to Global Real Estate Investment Trusts 2012 written by Stefano Simontacchi and published by . This book was released on 2012 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guide to Global Real Estate Investment Trusts will feature a comprehensive analysis of both the legal and tax underpinnings of REIT-friendly legislation in the world's most significant national jurisdictions. With regard to the legal framework, the structure and functioning of a REIT will be thoroughly investigated. In particular, the issue of whether a REIT is a special vehicle regulated as such by national legislation or, instead, any company vehicle may qualify as a real estate investment fund so long as its activity is limited to effecting and managing real estate investments - whether they are direct or indirect - will be addressed. Issues such as the amount of indebtedness, types of investments permitted, and the like will be carefully examined. In regard to European jurisdictions, the implications of the directives impacting Undertakings for the Collective Investment of Transferable Securities will be accorded particular consideration. In terms of tax issues, the work will focus inter alia on REIT formation, operation and liquidation; mergers, acquisitions and dispositions; as well as planning for public and private REIT offerings and re-securitizations.

Download or read book Guide to Global Real Estate Investment Trusts written by Stefano Simontacchi and published by . This book was released on 2009-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guide to Global Real Estate Investment Trusts will feature a comprehensive analysis of both the legal and tax underpinnings of REIT-friendly legislation in the world's most significant national jurisdictions. With regard to the legal framework, the structure and functioning of a REIT will be thoroughly investigated. In particular, the issue of whether a REIT is a special vehicle regulated as such by national legislation or, instead, any company vehicle may qualify as a real estate investment fund so long as its activity is limited to effecting and managing real estate investments - whether they are direct or indirect - will be addressed. Issues such as the amount of indebtedness, types of investments permitted, and the like will be carefully examined. In regard to European jurisdictions, the implications of the directives impacting Undertakings for the Collective Investment of Transferable Securities will be accorded particular consideration. In terms of tax issues, the work will focus inter alia on REIT formation, operation and liquidation; mergers, acquisitions and dispositions; as well as planning for public and private REIT offerings and re-securitizations.

Download or read book Taxation of Real Estate Investment Trusts written by James M. Lowy and published by Cch. This book was released on 2017-08-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of real estate investment trusts (REITs) has transformed the ownership and operation of real estate in the United States. There are approximately two hundred exchange-listed REITs, fifty non-listed public REITs and a much larger number of privately-held REITs. Taxation of Real Estate Investment Trusts provides an exhaustive analysis of the complex tax rules that govern the organization and operation of the REIT vehicle, addresses cutting edge structuring techniques and planning ideas, considers the tax treatment of REIT shareholders, including pension trusts, foreign investors and foreign governments, and summarizes the evolution of the REIT rules since their enactment in 1960. In addition to other guidance, the large body of private letter rulings issued by the IRS with respect to REIT issues is described. Because many REITs own property through partnerships in a structure often referred to as an UPREIT, pertinent partnership tax issues are discussed in detail, including various structuring techniques utilizing partnerships.

Download or read book Federal Taxation of Real Estate Investment Trusts 2019 written by James M. Lowy and published by . This book was released on 2018-12-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of real estate investment trusts ("REITs") has transformed the ownership and operation of real estate in the United States. There are approximately two hundred exchange-listed REITs, fifty non-listed public REITs and a much larger number of privately-held REITs. Taxation of Real Estate Investment Trusts provides an exhaustive analysis of the complex tax rules that govern the organization and operation of the REIT vehicle, addresses cutting edge structuring techniques and planning ideas, considers the tax treatment of REIT shareholders, including pension trusts, foreign investors and foreign governments, and summarizes the evolution of the REIT rules since their enactment in 1960. In addition to other guidance, the large body of private letter rulings issued by the IRS with respect to REIT issues is described. Because many REITs own property through partnerships in a structure often referred to as an "UPREIT," pertinent partnership tax issues are discussed in detail, including various structuring techniques utilizing partnerships.

Download or read book Federal Taxation of Real Estate Investment Trusts 2020 written by James M Lowy and published by . This book was released on 2019-12-30 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of real estate investment trusts ("REITs") has transformed the ownership and operation of real estate in the United States. There are approximately two hundred exchange-listed REITs, fifty non-listed public REITs and a much larger number of privately-held REITs. Taxation of Real Estate Investment Trusts provides an exhaustive analysis of the complex tax rules that govern the organization and operation of the REIT vehicle, addresses cutting edge structuring techniques and planning ideas, considers the tax treatment of REIT shareholders, including pension trusts, foreign investors and foreign governments, and summarizes the evolution of the REIT rules since their enactment in 1960. In addition to other guidance, the large body of private letter rulings issued by the IRS with respect to REIT issues is described. Because many REITs own property through partnerships in a structure often referred to as an "UPREIT," pertinent partnership tax issues are discussed in detail, including various structuring techniques utilizing partnerships.

Download or read book Real Estate in Italy written by Guido Abate and published by Routledge. This book was released on 2016-11-25 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: This in-depth case study evaluates the recent evolution of the Italian real estate market, which has lately been subject to two interlocking phenomena: a serious devaluation of physical assets and, at the same time, a deep legislative innovation of the vehicles investing in this asset class. The novelty of the legal framework of some of the Italian real estate investment vehicles and the recent developments in the market make this detailed analysis a fascinating addition to the literature. The book starts with an analysis of the Italian real estate sector, covering the evolution and performance in light of the economic crisis and the most recent legislative innovations. Italian real estate investment vehicles are then compared with a broader European perspective. Each Italian investment vehicle (real estate investment funds, real estate fixed capital investment companies and real estate investment trusts) is then analysed in both legal and financial details, providing insights into management structure, the rights and powers of investors, the typical investment process and the related costs. The different management models are then compared in order to assess their advantages and disadvantages, especially for institutional investors. The performance measurement of Italian closed-end alternative investment funds and the phenomenon of discount to net asset value for listed real estate investment funds are then subject to a theoretical and empirical examination.

Download or read book The Tax Treatment of Real Estate Investment Trusts written by Ronald Paul Bordelon and published by . This book was released on 1967 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tolley s Taxation of Collective Investment written by Stephen Newcombe and published by Tolley. This book was released on 2016-12-05 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its fourth edition, Tolley's Taxation of Collective Investment has been fully updated to provide useful advice and wide-ranging coverage on the taxation of collective investment vehicles and investors in those vehicles.The user-friendly, practical title explains in clear detail the taxation of the different collective investment vehicles available and examines the taxation issues affecting investors in the schemes as well as considering the taxation of holders of life policies, pension fund investors, ISAs and PAIFs.The book also explains the different investment possibilities available from collective investment and the tax implications for the investor, thereby assisting in structuring such investment in the most tax-efficient manner.The authors, who are all experts in their respective fields, are drawn from leading accountancy firms, City law firms, investment management industry trade bodies and the financial services industry itself. The consultant editor, Stephen Newcombe, has wide experience of this area, formerly as an external adviser and currently working in the industry. Stephen also contributed to the tax work of several industry bodies including chairing the AUTIF and IMA tax committees.This is an invaluable handbook for those who work in the area of investment management, both within the industry and outside of it, including tax accountants and solicitors.

Download or read book Real Estate Investment Trusts written by Willem Johannes Paulus Strauss and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Background: Worldwide the Real Estate Investment Trust (0́−REIT0́+) market has grown significantly over the past few years and is playing an increasingly significant role in the property sector. The existence of the REIT structures is directly dependent on the taxation regulation thereof. In terms of the Income Tax Act, 1962 (Act 58 of 1962) (hereinafter referred to as 0́−the Act0́+), a REIT can deduct from its income the amount of qualifying distributions made to the REITs shareholders. The REIT is required to distribute most of its profit as a qualifying distribution. If not, the REIT is taxed on the undistributed profit. A REIT is therefore treated partially as a conduit for income tax purposes. In South Africa the REIT structure is widely adopted with most of the listed property companies adopting this structure. Research into the effect of the taxation regulation on this sector is therefore critical to understand its efficiency and effect on society. Main purpose of study: To provide a systematised review of academic research on the taxation of real estate investment trusts published in highly rated academic journals. Method: Two databases were researched over the period 20070́32018 for peer reviewed articles published in an ABDC-rated journal that related to REITs and the taxation thereof. The identified articles were annotated and analysed in terms of the Taxonomy Framework included in Appendix B. Results: We found and analysed 32 articles. Most of the studies were performed with a United States perspective focussing mainly on the investors into the REIT structures as the main benefactor to the research performed. Most of the identified articles fell into either the legislative or financial management discipline. A key finding of the study was that only 18.75% of the identified articles directly related to the taxation regulation of REITs. Conclusions: As the existence of REITs is fully dependent on the taxation regulation therof, it is of critical importance that more research is required into this topic from a regulation perspective to establish the appropriateness of the current regulation in place as well as the appropriateness of the regulation for developing countries, and more specifically the South African environment.

Download or read book Real Estate Investment Trusts written by James P. de Bree (Jr.) and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: ...discusses the requirements for qualification as a real estate investment trust (REIT) and the tax treatment of its operation. This Portfolio is a revision of an earlier version by Michael K. Carnevale, Esq., James P. de Bree, Jr., Mark N. Schneider, Charles B. Temkin, and Fred T. Witt, Esq. (retired).

Download or read book Real Estate Investment Trusts written by Su Han Chan and published by Oxford University Press. This book was released on 2002-11-07 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book offers broad understanding and unique insights into the REITs industry. Its scope is to analyze and synthesize the existing scholarly research on REITs in a way that will enable managers to improve their investments decisions and the operating performance of their REITs. It also provides up-to-date original research on REITs based on the authors' own database, which is the most extensive data base available on REITs that is free of suvivorship bias. This book helps investors evaluate REITs and identify those with the greatest investment potential. Finally, it provides the reader with a detailed discussion of likely future changes anticipated for this unique invetment vehicle.