Question
What are trust preferred securities?
Interesting Question? 
(3) 
(7)
(3) (7)
Answers (1)
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.
Like This Answer? (0) (0)
This answer is the subjective opinion of the writer and not of FinancialAdvisory.com
(0) (0)
26th Oct 2009 In Investing
1 Answers | 232 Views
Subjects: securities,
trust preferred securities,