New FIRPTA Reform Would Revitalize Global Investment in U.S. REITsMichael Beinus,David Polster,John D. Rayis,Dean S. Shulman, September 28, 2011
Last night, Reps. Kevin Brady of Texas, Joe Crowley of New York, Patrick Tiberi of Ohio and Shelley Berkley of Nevada proposed a significant modification to the REIT FIRPTA tax. Introduced as H.R. 2989, the bill largely follows H.R. 5901, which passed the House of Representatives in 2010 by a vote...