What Is A Taxable REIT Subsidiary?
A taxable REIT subsidiary (“TRS”) is a corporation that is owned directly or indirectly by a REIT and has decided to be regarded as a TRS for tax purposes in conjunction with the REIT. A TRS is liable to standard corporate income tax, which is currently a flat rate of 21% because to the Tax […]
What Is A Taxable REIT Subsidiary? Read More »
