OECD: REITs Continue to Be Eligible for Tax Treaty Benefits

The Organisation for Economic Cooperation and Development (OECD) on Oct. 5 released the final reports from the OECD/G20 Base Erosion and Profit Sharing (BEPS) Project. REITs should continue to qualify as residents capable of securing tax treaty benefits, according to the OECD.

The report on Action 6 of the project, which is aimed at preventing tax treaty benefits from being granted in inappropriate circumstances, is consistent with suggestions made by NAREIT’s BEPS task force in comments submitted to the OECD in June 2014 and January 2015.

(Contact: Tony Edwards at tedwards@nareit.com)