For foreign investors selling U.S. real estate, FIRPTA (Foreign Investment in Real Property Tax Act) can often seem straightforward on the surface: the IRS requires 15% of the sales price to be withheld as tax. But there’s more to this process than meets the eye. The FIRPTA Withholding Certificate, while commonly known for reducing the tax burden, holds several lesser-known complexities that foreign investors and their advisors should understand.

https://www.zupyak.com/p/4327280/t/exploring-the-lesser-known-aspects-of-firpta-withholding-certificates