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HR 4297 Update: RICs and REITs Under FIRPTA and Notice of FIRPTA Treasury Regulations

June 05, 2006

By Andrew M. Short and Kristen Chang Winckler

New legislation and recently announced regulations under the Foreign Investment in Real Property Act of 1980 (“FIRPTA”) impact specific industries as well as broad categories of cross border transactions and foreign reorganizations involving US real property interests.

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