Development and Taxation of Real Estate Investment Trusts

Journal
Author
Mijares, M.I.D.; Hular, M.C.Z.; Baybay, R.F.V.
Country
Philippines
Published Date
Issue
Asia-Pacific Tax Bulletin 2012 (Volume 18), No. 2
FormatPDF
EUR
45
| USD
50 (VAT excl.)

The real estate industry in the Philippines is a growing one and has recently been fuelled by the issuance of the Real Estate Investment Trust (REIT) Act of 2009 (Republic Act No. 9856) in 2010 and Revenue Regulations No. 13-2011 in 2011. The authors describe the key features of REITs and the corresponding tax treatment in the Philippines pursuant to these issuances.