US Taxation Of Real Estate Gains
Under FIRPTA (Foreign Investment in Real Property Tax Act (1980)) any gain derived from a sale of real property in the US by a foreign national is taxable. The tax on a United States real property interest (USRPI) is on a net income basis.
USRPIs include the...
http://taxauditpros.com/tax-audit-pros/international-taxpayers-and-us-taxes/taxation-of-real-estate-property-gains/
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