Stephen Pincus at the Corporate Taxation Forum

Details

April 25, 2007
11:45:  REITs in the Evolving Taxation Landscape

Speaker:  Stephen Pincus, Partner, Goodmans LLP

This session will cover:

  • The unique history and role of REITs in Canada
  • Impact of changes to the Income Tax Act on Canadian real estate investment vehicles
  • Why REITs are exempt from the new tax rules under the definition of “specified investment flow-throughs” (SIFTs)
  • Conditions necessary to qualify as a REIT
  • REITs with “operating” components such as senior care and hospitality: do they qualify?
  • Restructuring in order to meet exemption requirements
  • The evolution of these structures in the U.S. and lessons learned

Corporate Taxation Forum
April 25 – 26, 2007
St. Andrew’s Club and Conference Centre
Toronto, Ontario