Insights
Client Alert
REIT Treatment of Foreign Currency Gain
May 25, 2007
Joseph P. Opich and Matt Walding
The IRS has provided guidance on the treatment by a real estate investment trust (“REIT”) of certain foreign currency gain for purposes of the REIT gross income tests.
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![Image: Joseph P. Opich](http://images.ctfassets.net/t0ydv1wnf2mi/001900_Prof_HiRes/1e32b97e7fcc9c950c0f374888981098/001900.jpg)