[Download] "From One Pocket to the Other: The Abuse of Real Estate Investment Trusts Deductions." by Missouri Law Review # Book PDF Kindle ePub Free

📘 Read Now     📥 Download

eBook details

• Title: From One Pocket to the Other: The Abuse of Real Estate Investment Trusts Deductions.
• Author : Missouri Law Review
• Release Date : January 22, 2007
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 281 KB

Description

I. INTRODUCTION Many large, multi-state retailers and banks have been acting as their own landlord by paying rent to themselves. Sophisticated corporate tax strategists have employed a method of avoiding state taxes by using a real estate investment trust (REIT) to "own" its real estate. The retailer or bank then pays rent to the REIT, which then turns the money over to a holding company. The rent money ends up back in the hands of the corporate parent, without being subject to state income tax along the way.

PDF Books "From One Pocket to the Other: The Abuse of Real Estate Investment Trusts Deductions." Online ePub Kindle