The Internal Revenue Service should increase its scrutiny of real estate investment trusts to determine whether companies are benefiting from REIT tax benefits while flouting rules, including those that limit the level of a REIT’s ownership in a company, Sen. Elizabeth Warren told the agency’s commissioner.
Warren Urges IRS To Look At Possible REIT Tax Break Abuse
by usoftax_admin | Sep 4, 2024 | Tax News
