On July 1, 2025, a little over two weeks after the Senate Finance Committee released its draft tax title (the “Initial Senate Draft”), the U.S. Senate secured sufficient votes to advance its version of the “One Big Beautiful...more
7/8/2025
/ Business Income ,
Corporate Taxes ,
Foreign Investment ,
Internal Revenue Code (IRC) ,
Investors ,
New Legislation ,
Proposed Legislation ,
Real Estate Investments ,
REIT ,
Senate Finance Committee ,
Tax Liability ,
Tax Planning ,
Tax Reform
On June 16, 2025, the Senate Finance Committee released its draft tax title for inclusion in the Senate’s version of the budget reconciliation bill, known as the “One Big Beautiful Bill Act” (the “OBBBA”). While the Senate...more
6/19/2025
/ Budget Reconciliation ,
EBITDA ,
FDAP ,
FIRPTA ,
Foreign Corporations ,
Foreign Investment ,
International Tax Issues ,
Investors ,
New Legislation ,
Proposed Legislation ,
REIT ,
Senate Finance Committee ,
Shareholders ,
Tax Liability ,
Tax Planning ,
Tax Reform ,
Taxation
Key Takeaways-
While foreign investors are typically taxed on gain from the sale of U.S. real property interests (which include interests in most equity REITs), they are generally exempt from tax on gain from the sale of...more