Insights
Client Alert
HR 4297 Update: RICs and REITs Under FIRPTA and Notice of FIRPTA Treasury Regulations
June 05, 2006
Andrew M. Short and Kristen Chang Winckler
New legislation and recently announced regulations under the Foreign Investment in Real Property Act of 1980 (“FIRPTA”) impact specific industries as well as broad categories of cross border transactions and foreign reorganizations involving US real property interests.