When a foreign person sells United States real property, that is a taxable event. The buyer is responsible for withholding 15% of the amount realized from that sale.
Fleitas, PLLC's Naples Office location is operated by Avv. Roberto Biancogiglio, and Avv. Alessandro Conte, who solely practice Italian law, and who refer all Florida, Colorado and Washington DC law matters to our US attorneys.
What is the Foreign Investment in Real Property Tax Act (FIRPTA)?