Netstreit Corp. (NTST) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Netstreit Corp. faces a significant business risk concerning foreign investment taxation. Non-U.S. shareholders may be subject to a 30% withholding tax on dividends, which could be reduced by tax treaties, unless the dividends are effectively connected with a U.S. trade or business. Under FIRPTA, capital gains from U.S. real property interests by foreign investors are taxed as if connected with a U.S. trade or business, with exemptions applied to certain stock ownership conditions. Additionally, Netstreit Corp.’s ability to maintain its status as a “domestically-controlled” REIT is uncertain, which could lead to FIRPTA taxation on gains from the sale of its common stock by foreign investors, creating a potential deterrent for foreign investment in the company.
The average NTST stock price target is $19.33, implying 9.95% upside potential.
To learn more about Netstreit Corp.’s risk factors, click here.