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Warren Urges IRS To Look At Possible REIT Tax Break Abuse

By David van den Berg (September 4, 2024, 5:28 PM EDT) -- The Internal Revenue Service should increase its scrutiny of real estate investment trusts to determine whether companies are benefiting from REIT tax benefits while flouting rules, including those that limit the level of a REIT's ownership in a company, Sen. Elizabeth Warren told the agency's commissioner....

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