20. April 2015 · Comments Off · Categories: Irs Tax · Tags: , ,

REIT Spinoffs: Passive REITs, vigorous corporations

In November 2020, after receipt of an individual letter ruling from the IRS, Penn nationwide Gaming Inc. spun off its subsidiary, Gaming and leisure residences Inc. (GLPI), in a tax-free transaction under section 355. …. Tax Notes, Aug. 19, 2020, p. 755 …
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repair The Tax Code Friday: Time To Ditch Itemized Deductions?

This twelve months by myself, we had two new objects to deal with: Obamacare ideas (penalties and credit rating rating) and new FATCA (global Account Tax Compliance Act) reporting requirements. And don't even get my colleague, Peter J. Reilly, started out on the confusion …
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