https://www.taxtmi.com/news?id=13021 A bespoke tax regime for REITs and Invits treats listed units as equity for STT and capital gains purposes; sponsor exchanges of SPV shares for units defer capital gains to unit disposal with cost and holding period carry-over, but without preferential STT-linked capital gains for sponsors. Interest from SPVs to trusts is pass-through with no SPV withholding, while trusts must withhold tax on distributed interest components to unit holders at prescribed rates. Dividends are taxed at the SPV level and exempt in trust and unit holders; trust-level capital gains are taxable but distributed capital-gain components are exempt to unit holders. Trusts must file returns and meet reporting requirements. en-us Sun, 13 Jul 2014 16:15:41 +0530 Sun, 13 Jul 2014 16:15:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13021 A bespoke tax regime for REITs and Invits treats listed units as equity for STT and capital gains purposes; sponsor exchanges of SPV shares for units defer capital gains to unit disposal with cost and holding period carry-over, but without preferential STT-linked capital gains for sponsors. Interest from SPVs to trusts is pass-through with no SPV withholding, while trusts must withhold tax on distributed interest components to unit holders at prescribed rates. Dividends are taxed at the SPV level and exempt in trust and unit holders; trust-level capital gains are taxable but distributed capital-gain components are exempt to unit holders. Trusts must file returns and meet reporting requirements. News - Sun, 13 Jul 2014 16:15:41 +0530 https://www.taxtmi.com/news?id=13021