To amend the Internal Revenue Code of 1986 to modify rules related to rents received by real estate investment trusts from related parties.
Retail Revitalization Act of 2020
This bill modifies rules related to rents received by real estate investment trusts (REITs) from related parties. It increases the permissible stock ownership and constructive stock ownership percentage in a REIT to 50% and modifies rules for taxable REIT subsidiaries.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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