Foreign Investment in Real Property Tax Act
id:
foreign-investment-in-real-property-tax-act-237-14838956
title:
Foreign Investment in Real Property Tax Act
text:
The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA), enacted as Subtitle C of Title XI of the Omnibus Reconciliation Act of 1980, Pub. L. No. 96-499, 94 Stat. 2599, 2682, is a United States tax law that imposes income tax on foreign persons disposing of US real property interests. Tax is imposed at regular tax rates for the taxpayer on the amount of gain considered recognized. Purchasers of real property interests are required to withhold tax on payment for the property. Withholding
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Foreign_Investment_in_Real_Property_Tax_Act
date created:
date modified:
2023-02-03T10:17:39Z
main entity:
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image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5c/Great_Seal_of_the_United_States_%28obverse%29.svg","width":600,"height":600}
fields total:
13
integrity:
14