The pandemic’s financial impact adds another layer of complexity to REITs authorizing, declaring and paying dividends under Maryland law.
Maryland REITs must carefully weigh statutory distribution requirements against...more
REITs need to be sensitive to the consequences of acts taken in response to the COVID-19 pandemic on their compliance with the REIT tests under the tax laws.
REITs that intend to rely on large borrowings from their credit...more
Associations avoided the harshest proposals but should be aware of several important new tax issues.
Associations subject to unrelated business income tax can no longer use losses in one unrelated business to offset income...more
1/17/2018
/ 501(c)(3) ,
501(c)(4) ,
Deferred Compensation ,
Excise Tax ,
Executive Compensation ,
Fringe Benefits ,
Net Operating Losses ,
Remuneration ,
Tax Cuts and Jobs Act ,
Tax Exemptions ,
UBIT
The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act, Division Q of the Consolidated Appropriations Act, 2016, P.L. 114-113, enacted December 18, 2015) made some important changes to the U.S. federal income tax...more
The Protecting Americans from Tax Hikes Act of 2015 (the “PATH Act,” Division Q of the Consolidated Appropriations Act, 2016, P.L. 114-113, enacted December 18, 2015) made some important changes to the U.S. federal income tax...more