Coronavirus Crisis Spurs REIT Distribution Relief Discussions

Ameek Ashok Ponda was quoted in the article "Coronavirus Crisis Spurs REIT Distribution Relief Discussions," which was published by Tax Notes on March 25, 2020.

Rules that would temporarily modify stock-cash distribution requirements for real estate investment trusts could mitigate liquidity issues amid the coronavirus crisis, but additional considerations might be warranted. Ameek comments that "in prior crises, Treasury and the IRS have responded to alleviate the harsh impact of the [REIT] rules where appropriate, and I have every confidence they would do the same again."