Type PLR Subject 6.01 - Distributions - Generally 9.00 - Reorganizations Keywords Active Trade or Business REIT's Activities as Active Business for Purposes of Section 355 Reorganizations Spin-offs (Section 355) Year 2015 IRS Link https://www.irs.gov/pub/irs-wd/201535007.pdf Tax Report Link TaxReport (January 11, 2015) Summary REIT’s spin-off of newly-formed taxable REIT subsidiary is tax-free. Title PLR 201535007 Guidance Tags PLR - 201535007