Private Industry

FIRPTA Withholding and Reporting

By ftsig-admin / July 21, 2024 / Comments Off on FIRPTA Withholding and Reporting

1. Introduction Those who engage in buying and selling real property are often asked by real estate agents and escrow companies to fill out tax withholding and reporting paperwork relating to their transactions.  Those who are nonresident aliens often have a difficult time deciding how to complete this paperwork in a way that accurately describes…

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Foreign Partner Withholding Under I.R.C. 1446

By ftsig-admin / July 21, 2024 / Comments Off on Foreign Partner Withholding Under I.R.C. 1446

This article proves that there is no foreign partner withholding within a partnership where one or more other partners are statutory U.S. Persons: Foreign Partner Withholding Withholding Under I.R.C. Section 1446, Form #04.108

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