New IRS guidance issued on qualified foreign pension fund exception. On June 6, 2019, the U.S. Treasury released proposed regulations under Internal Revenue Code section 897(l) providing guidance for ...
On May 19, 2023 the Internal Revenue Service (IRS) released AM 2023-003 (the Memo or GLAM) holding that the Foreign Investment in Real Property Tax Act's (FIRPTA's) 5% publicly traded exception (the 5 ...
Navigating federal tax requirements when selling real estate as a non-citizen in New York can be complex. Natalia A. Sishodia ( ), a New York foreign investment lawyer at Sishodia PLLC, offers ...