The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) imposes U.S. income tax on foreign persons disposing of U.S. real property interests. This includes individuals, foreign corporations, and U.S. corporations set up by foreign investors. With proper planning and structuring, the taxes can be greatly reduced. Working with advisors with specialized expertise in FIRPTA is important.
Our experienced professionals have the knowledge and insight to identify tax planning opportunities that will help minimize current and future Federal, state, and international tax obligations for you and your organization.
Are you ready to gain control over your Business interests?
Contact us today to see how Wagner Duys & Wood can help you succeed.