### Question
Can you define what qualified REIT subsidiary means?


### Answer
**Qualified REIT subsidiary** is defined as the following in *26 U.S.C. § 856*:

> any corporation if 100 percent of the stock of such corporation is held by the real estate investment trust at all times during the period such corporation was in existence

#### Citation:
  - *26 U.S.C. § 856*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter M-Regulated Investment Companies and Real Estate Investment Trusts > PART II-REAL ESTATE INVESTMENT TRUSTS**

