On October 13, the Treasury released highly anticipated final and temporary regulations (T.D. 9790) under Section 385,
which authorizes the Treasury to devise regulations to determine when an interest in a corporation is...more
The Protecting Americans from Tax Hikes Act of 2015 (the “PATH Act”), signed December 18, 2015, introduces significant changes to the Foreign Investment in Real Property Tax Act (FIRPTA), particularly concerning REITs. ...more
On December 18, President Obama signed the Protecting Americans from Tax Hikes Act of 2015 (the “PATH Act”). Despite the new law’s name, a number of its provisions affect foreign investors. The PATH Act introduces several...more