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IRS FIRPTA Withholding

FIRPTA – WHAT YOU MUST KNOW

WHAT YOU MUST KNOW ABOUT FIRPTA Foreign Investment in Real Property Tax Act . The act was enacted in 1980 and was created to allow the United States to tax foreign persons on dispositions of US real property interests. What you Must Kow about FIRPTA.Real property can include everything from buildings, improvements on lands and land. In order to determine if the property is real or not, it is decided...

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