Withholding Tax When Acquiring or Leasing Real Property from Foreign Persons
filed in International Taxation on May.11, 2010
The depressed value of US real estate and the devaluation of the US dollar have created an attractive market for foreign investors seeking real estate bargains. Some look to make a quick profit by “flipping” the real estate while others become landlords. US persons that make payments to these foreign individuals need to be aware [...]