부동산투자회사제도의 과세상 구조와 문제점

부동산투자회사의 과세 구조와 관련 문제점을 검토했다.

Real Estate Investment Trusts (REITs) refer to corporations which invest funds through public offerings from many investors into real estate and then return the gains made to the investors. The Korean economic crisis of '97 provided the direct impetus for the introduction of this system. The REITs Act was enacted in April 2001 and revised in May 2001 to incorporate rules about Corporate Restructuring Reits (CR REITs). The Reits Act was put into effect on July 1. 2001. As of June 2002 there were no REITs and only two CR REITs authorized by the government. With regard to the fact that the system has not been put to use, I examine problematic areas of the system at the taxation levels.

At first the taxation of the REITs itself and that of REITs investors are investigated. The following solutions to the problems were considered. The difference between Reits and CR Reits in taxation is thought to be incorrect because REITs are the same investment conduits as CR Reits, so must receive the same treatment when it comes to tax benefits.