18Aug
IRS Issues REIT-Favorable Ruling for Taxable REIT Subsidiary in Private Equity International Healthcare Acquisition
The Internal Revenue Service (IRS) ruled that a taxable real estate investment trust (REIT) subsidiary would not be considered to be operating or managing certain senior living and healthcare facilities located outside the United States. The ruling demonstrates that with appropriate tax planning a REIT can indeed obtain a majority stake through a taxable REIT subsidiary of foreign hospitals, healthcare facilities and senior living facilities......
By:
McDermott Will & Emery
Related
This month's Friday Five covers recent cases addressing: (1) the impact on the standard of review of...
Read More >
The European Central Bank announced on Thursday that is likely to revive the quantitative easing pro...
Read More >
During the rise of the COVID-19 pandemic in the United States, OSHA provided standards for recording...
Read More >
Join us for the 12th annual “Selecting Project Delivery Methods & Bidding Public Construction Contr...
Read More >
The EB-5 program is undergoing the most significant changes in over 10 years – maybe ever. The chan...
Read More >
Following the lead of other courts around the country, a Pennsylvania state court has held that empl...
Read More >