17 Jun 2025
š¢IRS Notice on Excise Tax Collection for Real Estate Investment Trusts
Agency Information Collection Activities; Comment Request on Return of Excise Tax on Undistributed Income of Real Estate Investment Trusts
Summary
In accordance with the Paperwork Reduction Act of 1995, the IRS is inviting comments on the information collection request outlined in this notice.
Agencies
- Treasury Department
- Internal Revenue Service
Business Impact
$$ - Med
The IRS notice discusses the excise tax collection details for Real Estate Investment Trusts (REITs), impacting compliance with tax obligations. Business owners must be aware of tax implications and the required response time for comments on the information collection, affecting operational practices.