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REITs: In Real Estate Investment We Trust

09.26.2023 | Duration: 16:06

Related party transactions for REITs aren't necessarily routine...

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Podcast overview

Real Estate Investment Trusts, or REITs, own, operate, and finance income-generating real estate. REITs pool the capital of numerous investors (much like a mutual fund), making it possible for individual investors to earn dividends from real estate investments—without having to buy, manage, or finance any properties themselves!

REITs have very specific guidance governing the way that they must operate, resulting in some interesting implications from a tax perspective. While the REIT rules do reference the Transfer Pricing rules (Section 482 of the U.S. Treasury Regulations), the practical application may seem a little counter-intuitive at first. Listen to learn if REITs pay tax, and how transactions between REITs and related entities are structured.

Our host Brittany Hardin Tanguay is joined by Stephen Giordano (KPMG Partner, Washington National Tax) focused on Business Tax Services - Passthroughs, and Sharon Liu (KPMG Principal, Tax - Transfer Pricing) to discuss some of the key issues of transfer pricing within the REITs realm.

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