Clifford Chance
Qualified Non-US Pension Funds Now Exempt from US 'FIRPTA' Taxation
1 March 2016
On December 18, 2015, Congress passed, and the President signed into law, The Protecting Americans From Tax Hikes Act of 2015. Among other things, the Act makes significant changes to the rules enacted by the Foreign Investment in Real Property Tax Act of 1980 that will be relevant to certain non-US pension funds investing in US real estate, and funds established to make such investments.
