Posted at 11:19 a.m., Tuesday, January 23, 2007
Douglas Emmett REIT clarifies dividend tax treatment
Advertiser Staff
Douglas Emmett Inc., a real estate investment trust that owns property in Hawai'i and California, clarified how recent dividends paid to shareholders should be treated for tax purposes.The dividend was paid on Jan. 17 to shareholders of record on Dec. 29, 2006.
The Santa Monica, California-based company said the shareholders shouldn't treat the distribution as taxable income on their 2006 returns.
