Finance & markets · 08/06/2016Updated: 10/17/2026 · 1 min read
IRS Issues Proposed Regulations on Corporate Tax for Regulated Investment Companies and Real Estate Investment Trusts
Summary
The Internal Revenue Service is proposing new regulations that would impose corporate-level tax on certain transactions involving property transferred to Regulated Investment Companies and Real Estate Investment Trusts, affecting companies like ExxonMobil (XOM) and real estate investment firms.