Important
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For information call now:
(347) 989-4566
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Additional information
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Internal Revenue Service
Austin Service Center
ITIN Operation
P.O. Box 149342
Austin, TX 78714-9342
IN
1-800-829-1040
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Qualified Investment Entities
A qualified investment entities (QIE) is any real estate investment trust (REIT)
or any regulated investment company (RIC) that is a U.S. real property holding
corporation.
Generally, any distribution from a QIE to a shareholder that is attributable to
gain from the sale or exchange of a U.S. real property interest is treated as a
U.S. real property gain by the shareholder receiving the distribution. A
distribution by a QIE on stock regularly traded on an established securities
market in the United States is not treated as gain from the sale or exchange of
a U.S. real property interest if you did not own more than 5% of that stock at
any time during the 1-year period ending on the date of the distribution. A
distribution that you do not treat as gain from the sale or exchange of a U.S.
real property interest is included in your gross income as a regular dividend.
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