This program offers 1.25 participatory MCLE credits; 1.25 Legal Specialization in Taxation Law. You must register in advance to participate.
Foreign investors continue to invest heavily in U.S. real estate. For U.S. income and transfer tax purposes, foreign investors and their advisers must weigh a number of tax issues to determine the appropriate structure for the ownership of U.S. real property, such as direct ownership or use of a foreign or domestic corporation, partnership, LLC and/or trust, in order to select an ownership vehicle for the investor. This presentation will cover the general rules for U.S. taxation of non-U.S. persons’ U.S. source income and U.S. based assets with an emphasis on the taxation of the acquisition, ownership and disposition of U.S. real estate by non-U.S. persons under FIRPTA, including discussion of the application of FIRPTA taxation under various structuring alternatives for foreign investment in U.S. real estate. Speaker: Allen Walburn.