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The Resource The US Foreign Investment in Real Property Tax Act : a practical guide

The US Foreign Investment in Real Property Tax Act : a practical guide

Label
The US Foreign Investment in Real Property Tax Act : a practical guide
Title
The US Foreign Investment in Real Property Tax Act : a practical guide
Creator
Subject
Language
eng
Summary
U.S. real estate is enormously attractive to many foreign investors, who are thus ushered into the ambit of the complex U.S. Foreign Investment in Real Property Tax Act (FIRPTA). A full understanding of the associated tax implications on the part of these investors and their advisors is essential if they are to implement the correct structure to maximize their returns, avoid unnecessary withholding, and comply with applicable requirements. This book articulates the operation and transactional implications of FIRPTA and its interaction with various other regimes, sets forth real life situations, and points out potential traps. Among the tax issues and consequences that directly or indirectly affect foreign investors in U.S. real property interests, the author highlights the following and more: - the real estate investment trust (REIT); - withholding taxes that are jointly and severally liable for buyers and sellers; - treatment of rental, interest, and dividend income; - effect of the branch profits tax; - tax treaty benefits; - exemptions to FIRPTA; - special rules applicable to foreign governmental investors; - tax reporting standards and potential penalties for noncompliance; - and state and local tax issues relating to U.S. real estate investments
http://library.link/vocab/creatorName
Yu, A.W.Y
Geographic coverage
North America
Index
no index present
Language note
English
Literary form
non fiction
Series statement
IEL Property and Trust
http://library.link/vocab/subjectName
  • foreign investment
  • immovable property
  • FIRPTA
  • holding company
  • looking through
  • REIT
  • tax treaty
  • interest deduction
  • state tax
  • local tax
  • withholding tax
  • branch tax
Label
The US Foreign Investment in Real Property Tax Act : a practical guide
Instantiates
Publication
Extent
xx, 361 p.
Isbn
9789041184665
Isbn Type
(web-pdf)
Label
The US Foreign Investment in Real Property Tax Act : a practical guide
Publication
Extent
xx, 361 p.
Isbn
9789041184665
Isbn Type
(web-pdf)

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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