房地产投资信托(REITS)作为一种收益稳定、风险较低的金融产品逐渐在各国兴起。我国的保障性住房REITs试点工作也在有条不紊地展开,并可能产生在银行间债券市场和交易所市场分别交易的两种REITs产品。本文拟对保障房REITs的模式选择进行深入分析,并从税收角度对其进行初始构建。 Real estate investment trusts (REITSs), as a kind of financial products with stable income and low risk, are gradually emerging in various countries. Pilot projects on affordable housing REITs in our country are also well underway and may result in two REITs products traded separately on the inter-bank bond and exchange markets. This paper intends to conduct an in-depth analysis of the mode selection of REITs for social security and to construct it initially from a tax perspective.