7 Key Differences Between FIRPTA Tax Returns and FIRPTA Tax Refund

In the world of real estate transactions involving foreign sellers, understanding FIRPTA (Foreign Investment in Real Property Tax Act) is crucial. FIRPTA governs how taxes are handled when non-U.S. persons sell U.S. real estate. Two terms often discussed in this context are FIRPTA Tax Returns and FIRPTA Tax Refund. Here’s a simplified guide to these concepts and their significance.

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