SECURITIES AND EXCHANGE COMMISSION

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


 

 

Date of Report (Date of earliest event reported)

March 10, 2006

 

 

AMERICAN COMMUNITY PROPERTIES TRUST
(Exact name of registrant as specified in its charter)

 

MARYLAND
(State or other jurisdiction
of incorporation)

1-14369
(Commission
File Number)

52-2058165
(I.R.S. Employer
Identification No.)

 

222 Smallwood Village Center
St. Charles, Maryland 20602
(Address of principal executive offices)(Zip Code)

 

 

(301) 843-8600
(Registrant's telephone number, including area code)

 

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Item 8.01 Other Events.

On March 10, 2006, the Company announced that it had entered into a settlement agreement with the Internal Revenue Service, whereby the Company was able to successfully maintain its Publicly Traded Partnership tax status. For further details regarding additional terms of the settlement, please refer to the attached press release dated March 10, 2006.

 

 

 

 

Item 9.01 Financial Statements and Exhibits.

(c ) Exhibits.

99.1 The Company's Press Release dated March 10, 2006

 

 

 

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

AMERICAN COMMUNITY PROPERTIES TRUST

 

(Registrant)

   

Dated: March 10, 2006

By: /s/ Cynthia L. Hedrick

 

Cynthia L. Hedrick
Senior Vice President and Chief Financial Officer