QUOTE(mopster @ Sep 19 2011, 01:52 PM)
Is there any chance that Najeeb will tax reit 25% instead of withholding 10% when the tax regime expires ??

On the other hand the removal of 10% withholding will surely send reits jumping..
If it did (25%), I am sure reit industry will be 'hibernating".
Little people interested to set up new reit, nor list new reit.
Personally I don't see it will be, aka tax reit at 25%.
Totally removing, I rated chance like 5-10%, not very likely.
High possible I can guess is, it stays at the same.
Added on September 19, 2011, 2:16 pmCurrently, there are plenty of properties stock/company that holding properties for renting one aka similar to reit.
If tax at 25%, same with corporate tax.
Why is the purpose setting reit?
None.
While, it is better let the properties under ordinary property company, as you have all the flexibility in term of managing the properties, as well as access to the cashflow.
This post has been edited by cherroy: Sep 19 2011, 02:16 PM