Attorney Carlos A. Somoza writes that while the new Protecting Americans from Tax Hikes Act aims to promote the growth of the U.S. economy and provide tax relief to U.S. taxpayers, foreign investors stand to benefit as well.
February 12, 2016 at 12:00 AM
1 minute read
The new Protecting Americans from Tax Hikes, or PATH, Act aims to promote the growth of the U.S. economy and provide tax relief to U.S. taxpayers. Foreign investors stand to benefit as well.
While most of the PATH Act discussion has centered around the permanent extension of several tax provisions benefiting U.S. taxpayers, the new law also includes significant changes designed to encourage foreign investment in U.S. real estate.
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