Captive REIT definition
Captive REIT means a real estate investment trust other than a qualified real estate investment trust under s. 71.22 (9ad), Stats.
Captive REIT means, as further defined in RIGL § 44-11-1(a), a corporation, trust or association (1) that is considered a real estate investment trust for the taxable year under IRC § 856; (2) that is not regularly traded on an established securities market; and (3) more than fifty percent (50%) of the voting power or value of the beneficial interests or shares of which at any time during the last half of the taxable year, is owned or controlled, directly or indirectly, by a single entity that is subject to the provisions of Subchapter C of the Internal Revenue Code.
Captive REIT means, as further defined in R.I. Gen. Laws § 44-11-1(a), a corporation, trust or association:
More Definitions of Captive REIT
Captive REIT means a corporation, trust or association:
Captive REIT means, as further defined in RIGL § 44-11-1(a), a corporation, trust or association (1) that is considered a real estate investment trust for the taxable year
Captive REIT means, as further defined in RIGL § 44-11-1(a), a corporation, trust or association (1) that is considered arefers to legislation enacted in 2007 to impose a tax on the net income of captive real estate investment trust for the taxable year under IRC
Captive REIT means a REIT (a) that is not regularly traded on an established securities market, and
Captive REIT means a REIT (a) that is not regularly traded on an established securities market, and (b) more than fifty percent of the voting stock of which is owned or controlled, directly or indirectly, by a single corporation that is not exempt from federal income tax and is not a REIT. Any voting stock in a REIT that is held in a segregated asset account of a life insurance corporation (as described in section 817 of the internal revenue code) shall not be taken into account for purposes of determining whether a REIT is a captive REIT.