JD Supra
Treasury Issues Final Regulations Addressing “Domestically Controlled” REIT Status | JD Supra
...December 29, 2022, (the “Proposed Regulations”) addressing (1) whether a REIT or a RIC will constitute a “domestically controlled qualified investment entity” under FIRPTA2 and (2) the definition of a “controlled commercial entity” for purposes of the exemption for sovereign wealth fund investors under Internal Revenue Code (the “Code”) section 892.3Regulations finalizing the portions of the Proposed Regulations addressing Code section...
6 days ago