Filter by Type

PLR 201910002

Type
PLR
Subject
2.00 - Income Tests - (75% & 95%)
2.08 - Gross Income Defined
Keywords
Gross Income
Defined
Section 856(c)(5)(J)
Year
2019
IRS Link
https://www.irs.gov/pub/irs-wd/201910002.pdf
Tax Report Link
Review of 2019 REIT-Related Private Letter Rulings
Summary

IRS rules that, pursuant to Section 856(c)(5)(J), REIT’s share of income attributable to the receipt and accrual of its share of a county payment made to encourage development is considered qualifying income for purposes of Section 856(c)(2) and (c)(3).

Title
PLR 201910002