FIRPTA definition

FIRPTA means the Foreign Investment Real Property Tax Act of 1980, as amended, and the rules and regulations promulgated thereunder.
FIRPTA means the Foreign Investment in Real Property Tax Act of 1980, as amended.

Examples of FIRPTA in a sentence

  • SELLER: By: Name: Title: 39485521v.14 OPERATING LESSEE: By: Name: Title: ASSIGNEE: By: Name: Title: 39485521v.14 EXHIBIT G FORM OF FIRPTA CERTIFICATE CERTIFICATE OF NON-FOREIGN STATUS TO: ____________________________________________ FROM: ____________________________________________ (“Seller”) Section 1445 of the Internal Revenue Code provides that a transferee of a U.S. real property interest must withhold tax if the transferor is a foreign person.

  • A Seller who is a foreign person should consult an 368 attorney or accountant familiar with the Foreign Investment in Real Property Act (FIRPTA) before entering into 369 negotiations or contracts for the sale of property.

  • Seller and Buyer will complete, execute, and deliver 166 as directed any instrument, affidavit, or statement reasonably necessary to comply with the FIRPTA requirements, including 167 delivery of their respective federal taxpayer identification numbers or Social Security Numbers to the closing agent.


More Definitions of FIRPTA

FIRPTA means the United States Foreign Investment in Real Property Tax Act of 1980.
FIRPTA has the meaning set forth in Section 5.7.
FIRPTA has the meaning ascribed to such term in Section 11(h) hereof.
FIRPTA means a certification as to the nonforeign status for federal tax withholding purposes.
FIRPTA shall have the meaning assigned thereto in SECTION 7.2(f).