Skip to content
ChatProjectCodes

Rev. Proc. 2021-53

SECTION 3. TEMPORARY

Internal Revenue Bulletin 2021-51 · 2026-10-03 edition · updated 2026-10-04 · United States

REDUCTION OF CASH LIMITATION PERCENTAGE

With respect to distributions declared by a Publicly Offered REIT or a Publicly Offered RIC on or after November 1, 2021, and on or before June 30, 2022, section 5.03 of Rev. Proc. 2017-45 is modified by striking “The Cash Limitation Percentage is not less than 20 percent” and inserting “The Cash Limitation Percentage is not less than 10 percent”.

Get a plain-English answer with a citation back to this text.

Ask AI about this code
Export this section
▸Contents — Internal Revenue Bulletin 2021-51
Internal Revenue Bulletin 2021-51

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.