A form of trust that can issue multiple class debt securities without having to pay taxes on the interest paid is called a

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A REMIC (Real Estate Mortgage Investment Conduit) is a type of trust used by investors that hold mortgages and issue multiple classes of debt securities. One advantage of a REMIC is that it can avoid paying taxes on the interest paid to investors, as long as certain requirements are met.

A Form of Trust That Can Issue Multiple Class Debt