Nareit Developments Why JBG SMITH’s EVP, Tax Keeps Coming Back to Nareit’s REITwise: Law, Accounting & Finance Conference Donna Wagner, EVP, Tax at JBG SMITH looks ahead at top tax issues to watch in 2021 and shares advice for first-time REITwise attendees. 02/18/2021 Image
Nareit Developments Nareit Submits Comments to OECD Regarding “Pillar Two” Global Minimum Tax Proposal Comments urge the Organization for Economic Cooperation and Development to specifically reference REITs in the final rules. 12/18/2020 Image
Nareit Developments Nareit Submits Comments to OECD Regarding “Pillar Two” Global Minimum Tax Proposal Comments urge the Organization for Economic Cooperation and Development to specifically reference REITs in the final rules. 12/12/2020
Nareit Developments California Split Roll Property Tax Defeated Rent control measure considered defeated while other local ballot-related tax increases appear likely to be approved. 11/09/2020
Nareit Developments Nareit Submits Follow-up Comments to OECD Regarding Global Minimum Tax Proposal Submission provides additional information and again requests exception for REITs from global minimum tax. 07/27/2020
Nareit Developments Nareit Submits Comments to Treasury/IRS Regarding 2020-21 Priority Guidance Plan Letter regarding 2020-21 Priority Guidance Plan requests feedback on several issues. 07/20/2020
Nareit Developments Treasury Issues Final 199A Regulations Confirming 20% Deduction for Qualified REIT Dividends Applies to Mutual Fund Shareholders Regulations are consistent with congressional intent and recommendations by Nareit and the mutual fund industry. 06/29/2020
Nareit Developments Treasury Department and the IRS Allow Public REITs to Use up to 90% Stock to Satisfy Their Distribution Requirements Through 2020 New revenue procedure favorably responds to Nareit’s request. 05/04/2020
Nareit Developments Nareit Joins with Other Groups Asking the Treasury Department to Clarify Temporary Like-Kind Exchange Relief The letter seeks clarification that the deadline extension relief be automatic but not mandatory. 04/20/2020
Nareit Developments Nareit and Other Real Estate Executives Ask Treasury to Withdraw a 2007 FIRPTA Notice The notice is creating unnecessary friction and in some cases is preventing foreign capital from being invested in U.S. real estate. 03/12/2020 Image
Nareit Developments Treasury Secretary Mnuchin Comments on Treasury FIRPTA Notice Before House Ways & Means Committee Mnuchin said he is reviewing a congressional request to withdraw an IRS notice related to the Foreign Investment in Real Property Tax Act. 03/04/2020
Nareit Developments Nareit Helps its Member REITs in Communicating 1099-DIV Data to Investors Member REITs can submit their IRS Form 1099-DIV data to Nareit for posting on the Nareit website. 01/06/2020