The REITs Guidelines supercedes the earlier Guidelines on Property Trust Funds which were issued on 13 November 2002. The purpose of this Revised REITS Guidelines is to accelerate the growth and establish a vibrant and competitive real estate investment trust industry in Malaysia. The following Guidelines are available at the SC website: Guidelines on Real [...]

In order for a company in U.S. to qualify as a REIT, it must comply with certain provisions within the Internal Revenue Code. As required by the Tax Code, a REIT must: Be an entity that is taxable as a corporation Be managed by a board of directors or trustees Have shares that are fully [...]

Before you go for REIT’s listing, listing/tax experts have pointed out some salient points to watch out for: You need to understand whether conversion to a REIT or set up of a new REIT is the right approach or whether there are better alternatives. Advising on the route to REIT status including modelling, the impact [...]

(Extracted from KPMG UK’s website) The UK Government introduced legislation in the Finance Act 2006 to enable the creation of REITs in the UK. These are normal corporate vehicles which make an election to confer exemption from tax on relevant property profits. In return, the REIT must withhold tax from distributions paid to shareholders out [...]