American Land Lease, Inc. Announces 2007 Dividend Income Tax Allocations.CLEARWATER, Fla. -- American Land Lease, Inc. (NYSE NYSE See: New York Stock Exchange :ANL ANL - Argonne National Laboratory ) (NYSE:ANLPRA) announces the 2007 dividend allocations for federal income tax purposes for its Common Stock and publicly traded Preferred Stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. . American Land Lease's tax return for the year ended December 31, 2007 has not yet been filed. As a result, the income tax allocations for the dividends discussed below have been calculated using the best information available at the time of this release. Please note that federal tax laws affect taxpayers differently, and the information in this release is not intended as advice to shareholders on how dividends should be reported on their tax returns. Also note that state and local taxation of real estate trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ) dividends varies and may not be the same as the taxation under the federal rules. ANL encourages shareholders to consult with their own tax advisors A tax advisor is a financial expert especially trained in tax law. Some countries require tax advisors to verify the balance sheets of companies above a certain size. Individuals usually require tax advisors to minimize taxation, to avoid learning the details of tax law in with respect to the federal, state, and local income tax effects of these dividends. [TABLE OMITTED] Series A Cumulative Redeemable Preferred Stock [TABLE OMITTED] American Land Lease, Inc. is a Clearwater-based real estate investment trust (REIT) that owns, develops and manages residential land lease communities. |
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