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Real Estate Forum on Tax On Rent

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Q: Government should exempt investors from taxes like stamp duty, tax on rent, and transfer of assets and distribution of dividends.
Latest Answer: Hi everybody, Currently, REITs are facing challenges on factors like distribution of 90% of net distributable income after tax to investors; stamp duty charges that can range from 5% to 12% of the property value and minimum alternative tax (MAT), which also discourage developers to firm up REITs plan.
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