Type PLR Subject 11.00 - Taxable REIT Subsidiary (TRS) 9.00 - Reorganizations Keywords Mergers Taxable REIT Subsidiary Year 2015 IRS Link http://www.irs.gov/pub/irs-wd/201505012.pdf Tax Report Link TaxReport (July 2, 2015) Summary Internal REIT/TRS restructuring does not prevent tax-free merger of TRS into REIT Title PLR 201505012