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1998-10

Type
PLR
Subject
10.00 - Qualified REIT Subsidiary (QRS)
Keywords
Executive Loss Account Recapture
Qualified REIT Subsidiary
Consolidated Return Rules upon REIT Election
Liquidation
General Tax Implications
Deemed Liquidation of Existing Subsidiary at Time of Parent's REIT Election to Qualify as QRS
Year
1998
Summary

Corporation electing REIT status does not have to recognize income under the consolidated return rules upon the deemed liquidation of subsidiaries that became "QRSs."

Title
9823030
Guidance Tags
PLR - 9823030
Referenced By
N/A