Given a text T, and several options, according to the question posed in the text T to choose the most appropriate option from the options as the answer, please directly output the most appropriate option, do not need to output the explanation.

Which of the following statements is true for REITs?
Option A:According to GAAP, equity REITs are exempt from reporting earnings per share.
Option B:Though equity REIT correlations with other asset classes are typically moderate, they are highest during steep market downturns.
Option C:The REIT corporation pays taxes on income, and the REIT shareholder pays taxes on the REIT’s dividend distribution of after-tax earnings.

Answer: B