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Foreclosure Investing Philippines - Amendments to the IRR of the REIT Act of 2009 proposed by the BIR Amendments to the IRR of the REIT Act of 2009 proposed by the BIR
 A notice with regard to the proposed amendments to the Implementing Rules and Regulations or IRR of Republic Act 9856, otherwise known as the “Real Estate Investment Trust (REIT) Act of 2009″ has been posted recently in the SEC website. This more or less confirms that the Secretary of the Department of Finance (DOF) Mr. Cesar V. Purisima and BIR Commissioner Atty. Kim Jacinto-Henares have concerns about the Philippine REIT as mentioned in a recent post by my wife, and... This is just an excerpt, read the whole entry here » |
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