On May 22, 2025, the House of Representatives passed a tax bill with some limited amendments (House Tax Bill). The House Tax Bill will now head to the Senate, where additional amendments could be made. Below, we outline five...more
5/23/2025
/ Corporate Taxes ,
Excise Tax ,
Internal Revenue Code (IRC) ,
Investment Funds ,
Investors ,
Proposed Legislation ,
Real Estate Investments ,
REIT ,
Tax Liability ,
Tax Reform ,
Taxation
On October 4, 2024, the Treasury Department released a private letter ruling (PLR 202440007, or the PLR) addressing whether a real estate investment trust (REIT) without any income and assets in its first year of operation...more