Foreign Investment in Real Property Tax Act (FIRPTA)

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:United_States_federal_law
gptkbp:administeredBy	gptkb:Internal_Revenue_Service
gptkbp:appliesTo	foreign corporations foreign partnerships foreign estates foreign trusts foreign persons
gptkbp:appliesToTransaction	sale of U.S. real property interest
gptkbp:citation	26 U.S.C. § 1445 26 U.S.C. § 897
gptkbp:codifiedIn	Internal Revenue Code Section 897
gptkbp:dateEnacted	1980
gptkbp:enactedBy	gptkb:United_States_Congress
https://www.w3.org/2000/01/rdf-schema#label	Foreign Investment in Real Property Tax Act (FIRPTA)
gptkbp:purpose	tax gains of foreign persons on U.S. real property
gptkbp:relatedTo	foreign investment capital gains tax withholding tax U.S. real estate
gptkbp:subjectOf	withholding tax
gptkbp:withholdingRate	15%
gptkbp:bfsParent	gptkb:Real_Estate_Investment_Trust_(REIT)
gptkbp:bfsLayer	7