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MSC Title Talk: Are You Affected by New Closing Amendments?

On December 18, 2015, President Obama signed the Protecting Americans from Tax Hikes Act of 2015 (PATH Act.) As part of the PATH Act, certain provisions concerning withholding under The Foreign Investment in Real Property Tax Act (FIRPTA) were amended. These amendments went into effect for transactions closing on and after February 16, 2016. In this month’s newsletter you will find a summary of the changes and some useful tips when it comes to navigating them. Click to read the March 2016 Newsletter from MSC Title.

MSCTitle-Newsletter2016-03_Page_1

Click on image to read newsletter.

Want to know more? Contact your Realtor or MSC Title.

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