TMKs – the Japanese SPV


Japanese ‘tokutei mokuteki kaishi’ or ‘TMK’ is a special purposes corporation commonly used in real estate and securitization transactions. Similar to a US-REIT, the TMK must distribute to as dividends nearly or all of its profits in the accounting period. The articles below describe relevant tax, legal and accounting background.

Introduction to TMK taxation - the Japanese real estate SPC

Introduction to TMK taxation – the Japanese real estate SPC

11/23/2010 • The ‘TMK’ (in Japanese the ‘特定目的会社’ or ‘tokutei mokuteki kaisha’ )、a special purpose entity commonly used in Japanese real estate...Read More

Introduction to the Japanese Real Estate SPC or ‘TMK’

Introduction to the Japanese Real Estate SPC or ‘TMK’

11/22/2010 • The Japanese authorities first took steps to help encourage liquidity in the Japanese real estate market through the introduction of...Read More