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What are trust preferred securities?
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5th May 2010 by Gary B
A trust preferred security or TruPS, is designed to be considered as an equity but taxed by the IRS as if it was a debt obligation. So ultimately it makes the securities look like equities on the books, while being taxed as debt.
A trust preferred security or TruPS, is designed to be considered as an equity but taxed by the IRS as if it was a debt obligation. So ultimately it makes the securities look like equities on the books, while being taxed as debt.
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26th Oct 2009 In Investing
1 Answers | 233 Views
Subjects: securities,
trust preferred securities,