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Expert Analysis

FIRPTA Reform Will Up Foreign Investment In US Real Estate

Law360, New York (February 17, 2015, 4:56 PM EST) -- Last week, the Senate Finance Committee unanimously approved a significant reform to the Foreign Investment in Real Property Tax Act (FIRPTA). The proposal demonstrates the continued bipartisan legislative commitment to reforming FIRPTA and attracting additional foreign capital to the U.S. real estate market, going back to the 2010 passage of a similar FIRPTA reform bill, H.R. 5901, by the House by a 402-11 vote....

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