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Milestone Apartments REIT will be a dual (Canadian/U.S.) REIT

30 January 2013 - 1:34pm

Milestone Apartments REIT, a Canadian REIT, will be a U.S. corporation under the Code s. 7874 anti-inversion rules. However, it will elect to also be a U.S. REIT so as to avoid U.S. corporate income tax.

Neal Armstrong. Summary of Milestone Apartments REIT under Cross-Border REITS.

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Milestone Apartments REIT will be a dual (Canadian/U.S.) REIT