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Tax Treaty › Corporate Taxes › Foreign Investment in Real Property Tax Act

Skadden, Arps, Slate, Meagher & Flom LLP

"Senate Finance Committee Takes Unanimous Step Toward FIRPTA Reform"

Skadden, Arps, Slate, Meagher & Flom LLP on

On February 11, 2015, the Senate Finance Committee unanimously approved a significant reform to the Foreign Investment in Real Property Tax Act (FIRPTA). The proposal demonstrates the continued bipartisan legislative...more

Bilzin Sumberg

Foreign Investment In The U.S. Through Romania Just Became More Interesting

Bilzin Sumberg on

All “modern” income tax treaties concluded by the United States contain a “Limitation on Benefits” (LOB) provision. The purpose of such a provision is to prevent “treaty shopping.” Romania is one of the few remaining...more

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