City Office REIT Announces Tax Treatment of 2021 Distributions
City Office REIT (NYSE: CIO) announced the tax treatment of its 2021 distributions for common and preferred stockholders. Shareholders are advised to consult tax advisors regarding their specific tax treatment. The press release detailed contributions per share and the breakdown of ordinary dividends and capital gain distributions. The company reaffirms its commitment to assist shareholders with tax reporting by providing necessary tax information. For 2021, distributions include amounts qualifying as Section 199A dividends. Shareholders should review their Forms 1099 for accuracy.
- Provided detailed tax treatment information for 2021 distributions.
- Encouraged shareholders to consult with tax advisors for accurate tax reporting.
- None.
VANCOUVER, Feb. 2, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("the Company"), today announced the tax treatment of its 2021 distributions to holders of the Company's common stock and
The CUSIP number for the Company's common stock is 178587101.
Record Date | Payment Date | Total | Ordinary | Capital Gain | Unrecaptured Section | Section 897 | Return of | Amount Qualifying |
01/11/2021 | 01/25/2021 | $ - | $ - | $ - | ||||
04/09/2021 | 04/23/2021 | $ - | $ - | $ - | ||||
07/09/2021 | 07/23/2021 | $ - | $ - | $ - | ||||
10/08/2021 | 10/22/2021 | $ - | $ - | $ - | ||||
Form 1099-DIV Box | 1a | 2a | 2b | 2f | 3 | 5 |
The CUSIP number for the Company's Preferred Stock is 178587200.
Record Date | Payment Date | Total | Ordinary | Capital Gain | Unrecaptured Section | Section 897 | Return of | Amount Qualifying |
01/11/2021 | 01/25/2021 | $ - | $ - | $ - | ||||
04/09/2021 | 04/23/2021 | $ - | $ - | $ - | ||||
07/09/2021 | 07/23/2021 | $ - | $ - | $ - | ||||
10/08/2021 | 10/22/2021 | $ - | $ - | $ - | ||||
Form 1099-DIV Box | 1a | 2a | 2b | 2f | 3 | 5 |
(1) | For purposes of Section 1061 and Treasury Regulation §1.1061-6(c), the aggregate "One Year Amounts Disclosure" and "Three Year Amounts Disclosure" are |
(2) | Unrecaptured Section 1250 gains are a subset of, and included in, the total capital gain amount. |
(3) | These amounts reflect a distribution's composition of gains from the disposition of "United States real property interests" under Section 897. Generally, such information is relevant only to non-U.S. shareholders that own more than |
About City Office REIT, Inc.
City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located in leading markets in the Southern and Western United States. City Office currently owns or has a controlling interest in 6.2 million square feet of office properties. Additional information about City Office is available on the Company's website at www.cityofficereit.com. The Company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes.
Forward-looking Statements
This press release contains "forward looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. All statements that are not statements of historical facts are, or may be deemed to be, forward looking statements. Forward looking statements reflect our current expectations concerning future results, objectives, plans and goals, and involve known and unknown risks, uncertainties and other factors that are difficult to predict and which may cause future results, performance or achievements to differ. These risks, uncertainties and other factors include factors described in our news releases and filings with the United States Securities and Exchange Commission (the "SEC"), including our Annual Report on Form 10-K for the year ended December 31, 2020, which has been filed with the SEC. Readers of this press release are cautioned to consider these risks and uncertainties and not to place undue reliance on any forward-looking statements. The Company does not undertake any obligation to update any forward-looking statement, whether written or oral, relating to matters discussed in this press release, except as may be required by applicable securities laws.
Contact
City Office REIT, Inc.
Anthony Maretic, CFO
+1-604-806-3366
investorrelations@cioreit.com
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SOURCE City Office REIT, Inc.
FAQ
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