Ashford Hospitality Trust Announces Tax Reporting Information for 2006 Common and Preferred Share Distributions
January 25 2007 - 6:21PM
Business Wire
Ashford Hospitality Trust, Inc. (NYSE:AHT) today announced the tax
reporting (Federal Form 1099-DIV) information for the 2006
distributions on its common shares and its Series A preferred
shares. The income tax treatment for the 2006 distributions for
Ashford Hospitality Trust, Inc. Common Stock CUSIP #044103109
traded on the NYSE under ticker symbol �AHT� is as follows:
Distribution Type Declaration Dates Record Dates Payable Dates
Distributions Per Share Ordinary Taxable Dividend Nontaxable Return
of Capital 12-15-05� 12-31-05� 01-16-06� $0.20000� $0.20000�
$0.00000� 03-15-06� 03-31-06� 04-17-06� $0.20000� $0.20000�
$0.00000� 06-15-06� 06-30-06� 07-17-06� $0.20000� $0.20000�
$0.00000� 09-14-06� 09-30-06� 10-16-06� $0.20000� $0.20000�
$0.00000� 12-14-06� 12-31-06� 1-15-07� $0.05000� $0.05000�
$0.00000� TOTALS $0.85000� � $0.85000� � $0.00000� PERCENT 100.00%
� 100.00% � 0.00% 25% of the common share distribution declared in
December 2006 and paid out in January 2007 was paid out of Ashford
Hospitality Trust, Inc.�s 2006 earnings and profits. Pursuant to
Internal Revenue Code Section 857(b)(9), these distributions are
required to be included in the taxpayer�s 2006 taxable income. The
remaining amount of the distribution paid in January 2007 will be
subject to taxation in 2007. The income tax treatment for the 2006
distributions for Ashford Hospitality Trust, Inc. Series A
Preferred Stock CUSIP #044103028 on the NYSE traded under ticker
symbol �AHT PrA� is as follows: Distribution Type Declaration Dates
Record Dates Payable Dates Distributions Per Share Ordinary Taxable
Dividend 03-15-06� 03-31-06� 04-17-06� $0.5344� $0.5344� 06-15-06�
06-30-06� 07-17-06� $0.5344� $0.5344� 09-14-06� 09-30-06� 10-16-06�
$0.5344� $0.5344� 12-14-06� 12-31-06� 01-15-07� $0.5344� $0.5344�
TOTALS $02.1376� � $02.1376� PERCENT 100.00% � 100.00% None of the
dividends classified above as ordinary income represent �qualified
dividend income� and therefore are not eligible for reduced rates.
The Company encourages shareholders to consult with their own tax
advisors with respect to the federal, state and local income tax
effects of these dividends. Ashford Hospitality Trust is a
self-administered real estate investment trust focused on investing
in the hospitality industry across all segments and at all levels
of the capital structure, including direct hotel investments, first
mortgages, mezzanine loans and sale-leasebacks transactions.
Additional information can be found on the Company�s web site at
www.ahtreit.com.
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