000 00817cam a2200193 4500
001 WB3722-05
008 000000n2001 000 0 eng u
035 _a(Sirsi) u112999
245 _aIRS allows real estate spin-offs
260 _c2001
490 _aFinancial Times
_v 7 June 2001, 32(1)
520 _aThe Internal Revenue Service (IRS) has revoked a 1973 interpretation of the original Reit legislation barring Reits that are exempt from corporation tax from entering in any active businesses. This means US corporations may be able to benefit by spinning off their property portfolios into tax-exempt REITs.
590 _aWB
650 _aREITS
650 _aUNITED STATES
650 _aTAX EXEMPTION
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY FINANCE AND INVESTMENT
942 _n0
999 _c67260
_d67260