CARES ACT | PRESIDENT TRUMP

  |  April 1, 2020

PRESIDENT TRUMP SIGNS INTO LAW CARES ACT

PRESIDENT TRUMP SIGNS INTO LAW CARES ACT On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provides relief to taxpayers affected by the novel coronavirus (COVID-19). The CARES Act is the third round of federal government aid related to COVID-19. Summarized of  the top provisions... Read More

Consider the Basics of U.S. Federal Income Tax Reporting and Compliance for Foreign Investors in U.S. Real Property

  |  January 29, 2019

The IRS has noted its awareness of the significant increase in inbound U.S. real property investment by foreign investors.  More recently, lower interest rates combined with a weaker U.S. dollar have continuously motivated inbound foreign investors to acquire U.S. real property.  The momentum of foreign investors is driven by the opportunity for appreciation in value... Read More

Form 8288-B May Reduce a Foreign Investor’s FIRPTA Withholding Tax Liability on Sale of a U.S. Real Property Partnership Interest

  |  January 24, 2019

Foreign investors are often motivated to acquire U.S. real property when considering the opportunity for appreciation in value and a profitable return on investment.  There are different investment structuring alternatives that may attract foreign investors to the U.S. real estate market.  A common typical structure that has certain advantages is the U.S. blocker corporation.  The... Read More