{"id":419612,"date":"2021-01-22T12:01:36","date_gmt":"2021-01-22T17:01:36","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=419612"},"modified":"2021-01-22T12:01:36","modified_gmt":"2021-01-22T17:01:36","slug":"gaming-and-leisure-properties-inc-announces-2020-distribution-tax-treatment","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gaming-and-leisure-properties-inc-announces-2020-distribution-tax-treatment\/","title":{"rendered":"Gaming and Leisure Properties Inc. Announces 2020 Distribution Tax Treatment"},"content":{"rendered":"
\n

WYOMISSING, Pa., Jan. 22, 2021 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the \u201cCompany\u201d) announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2020 of $2.50 per share of common stock (CUSIP: 36467J108).<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Form 1099 Reference:<\/strong>\n <\/td>\n\n \u00a0(Boxes 1a + 2a + 3) <\/strong>\n <\/td>\n\n \u00a0Box 1a <\/strong>\n <\/td>\n\n \u00a0Box 1b <\/strong>\n <\/td>\n\n \u00a0Box 2a <\/strong>\n <\/td>\n\n Box 2b<\/strong>\n <\/td>\n\n Box 3<\/strong>\n <\/td>\n\n Box 5<\/strong>\n <\/td>\n<\/tr>\n
Record Date<\/td>\nPayable Date<\/td>\nTotal Distribution
Per Share<\/td>\n		Ordinary Taxable
Dividends<\/td>\n		Taxable Qualified
Dividends (1)<\/td>\n		Total Capital Gain
Distribution<\/td>\n		Unrecaptured
1250 Gain (2)<\/td>\n		Nondividend
Distributions (3)<\/td>\n		Section 199A
Dividends (4)<\/td>\n<\/tr>\n
03\/06\/2020<\/td>\n03\/20\/2020<\/td>\n$0.700000<\/td>\n$0.686463<\/td>\n$0.000000<\/td>\n$0.000700<\/td>\n–<\/td>\n$0.012837<\/td>\n$0.686463<\/td>\n<\/tr>\n
05\/13\/2020<\/td>\n06\/26\/2020<\/td>\n$0.600000<\/td>\n$0.588397<\/td>\n$0.000000<\/td>\n$0.000600<\/td>\n–<\/td>\n$0.011003<\/td>\n$0.588397<\/td>\n<\/tr>\n
08\/17\/2020<\/td>\n09\/25\/2020<\/td>\n$0.600000<\/td>\n$0.588397<\/td>\n$0.000000<\/td>\n$0.000600<\/td>\n–<\/td>\n$0.011003<\/td>\n$0.588397<\/td>\n<\/tr>\n
11\/16\/2020<\/td>\n12\/24\/2020<\/td>\n$0.600000<\/td>\n$0.588397<\/td>\n$0.000000<\/td>\n$0.000600<\/td>\n–<\/td>\n$0.011003<\/td>\n$0.588397<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Totals<\/strong>\n <\/td>\n\n $<\/strong>
\n 2.500000<\/strong>\n <\/td>\n		\n $<\/strong>
\n 2.451654<\/strong>\n <\/td>\n		\n $<\/strong>
\n 0.000000<\/strong>\n <\/td>\n		\n $<\/strong>
\n 0.002500<\/strong>\n <\/td>\n		\n \u00a0– <\/strong>\n <\/td>\n\n $<\/strong>
\n 0.045846<\/strong>\n <\/td>\n		\n $<\/strong>
\n 2.451654<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n(1)<\/td>\n\u00a0Amounts in 1b are included in 1a<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n(2)<\/td>\n\u00a0Amounts in 2b are included in 2a<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n(3)<\/td>\n\u00a0Amounts in 3 are also known as Return of Capital<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n(4)<\/td>\n\u00a0Amounts in 5 are included in 1a<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

Gaming and Leisure Properties\u2019 tax return for the year ended December 31, 2020, has not been filed.\u00a0 As a result, the income tax allocation for the distributions discussed above has been calculated using the best available information as of the date of this press release.\u00a0<\/p>\n

Please note that federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders on how distributions should be reported on their tax returns.\u00a0 Also note that state and local taxation of real estate investment trust distributions varies and may not be the same as the taxation under the federal rules.\u00a0 Shareholders are encouraged to consult with their own tax advisors as to their specific federal, state, and local income tax treatment of the Company\u2019s distributions.<\/p>\n

\n About Gaming and Leisure Properties<\/strong>
\n
GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties. GLPI elected to be taxed as a real estate investment trust (\u201cREIT\u201d) for U.S. federal income tax purposes commencing with the 2014 taxable year and was the first gaming-focused REIT in North America.<\/p>\n\n\n\n\n\n\n
Contact<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gaming and Leisure Properties, Inc.<\/td>\nInvestor Relations<\/td>\n<\/tr>\n
Matthew Demchyk, Chief Investment Officer<\/td>\nJoseph Jaffoni, Richard Land, James Leahy at JCIR<\/td>\n<\/tr>\n
610\/401-2900<\/td>\n212\/835-8500<\/td>\n<\/tr>\n
\n investorinquiries@glpropinc.com<\/a>\n <\/td>\n\n glpi@jcir.com<\/a>\n <\/td>\n<\/tr>\n<\/table>\n

\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

WYOMISSING, Pa., Jan. 22, 2021 (GLOBE NEWSWIRE) — Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) (the \u201cCompany\u201d) announced the income tax allocation for federal income tax purposes of its aggregate distributions in 2020 of $2.50 per share of common stock (CUSIP: 36467J108). Form 1099 Reference: \u00a0(Boxes 1a + 2a + 3) \u00a0Box 1a \u00a0Box 1b \u00a0Box 2a Box 2b Box 3 Box 5 Record Date Payable Date Total Distribution Per Share Ordinary Taxable Dividends Taxable Qualified Dividends (1) Total Capital Gain Distribution Unrecaptured 1250 Gain (2) Nondividend Distributions (3) Section 199A Dividends (4) 03\/06\/2020 03\/20\/2020 $0.700000 $0.686463 $0.000000 $0.000700 – $0.012837 $0.686463 05\/13\/2020 06\/26\/2020 $0.600000 $0.588397 $0.000000 $0.000600 – $0.011003 $0.588397 08\/17\/2020 09\/25\/2020 $0.600000 $0.588397 $0.000000 $0.000600 – $0.011003 $0.588397 … <\/p>\n

Continue reading “Gaming and Leisure Properties Inc. Announces 2020 Distribution Tax Treatment”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-419612","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGaming and Leisure Properties Inc. Announces 2020 Distribution Tax Treatment - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gaming-and-leisure-properties-inc-announces-2020-distribution-tax-treatment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gaming and Leisure Properties Inc. 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