不動産投資會社(REITs)의 課稅制度에 관한 硏究

부동산투자회사(REITs)의 과세제도와 개선 방향을 검토했다.

The government enforced the law of real estate investment trusts in July 1, 2001. In this law, real estate investment trusts(REITs) is defined as the company which is established for the purpose of investing and managing assets in real estate. For such REITs trusts to make it successful, the tax must be a principal factor because the company decides on investment not before-tax but after-tax. So, this study examines the present taxation and discusses the problem on REITs in light of the owner, company and investor.

In conclusion, For REITs to settle down economically and efficiently, I suggest the followings ;First, when REITs does business with the owner and investor, the tax burden should be not larger than that before this business. Second, such taxation should not impede the tax neutrality and distort investment decision. Third, taxation about real estate investment trusts should be minimized in transaction and monotoring cost.