Abstract
Compliance reporting procedures for foreign investors in U.S. real estate were instituted by the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA). The related Temporary and Proposed Regs. were issued in 1982. These Regs. are intricate, complex, and lengthy, and could present a serious administrative burden to practitioners. The author reviews these new Regs., and presents practical guidance on how practitioners can best comply.
Original language | American English |
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Journal | Default journal |
State | Published - Jan 1 1983 |