Where a trust was a limited partner, its share of the revenues of the partnership would be revenues of the trust for purposes of paragraphs (b) and (c) of the definition of "real estate investment trust" to the extent of its "profit (or loss) share for the year" in question, given that "a partnership is treated as a conduit, with its revenues being taxed in the hands of its partners and retaining its characteristics with respect to source and nature."
Topics and taglines
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
318672
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
342018
Extra import data
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