FOREIGN SELLERS TAKE NOTE: FIRPTA RATE INCREASE 14:45, March 4, 2016

Category: Glenwood Springs Real Estate

Effective for all dispositions on and after February 16, 2016:  Recent changes to the Foreign Investment in Real Property Tax Act (FIRPTA) have increased the withholding tax rate on the sale of a U.S. real property interest from 10% across the board to the following tiered approach: Sales Price of $300,000 or less:  If the […]

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