Document Type
Article
Publication Date
5-11-1987
ISSN
1048-3306
Publisher
Tax Analysts
Language
en-US
Abstract
The Treasury's recent list of Subchapter C issues for study contained a long section on foreign matters. Although the section twice mentioned FIRPTA, it did not treat FIRPTA itself as a subject for reevaluation in the light of the 1986 Act. It should have. Repeal of the General Utilities principle rendered the corporate provisions of FIRPTA largely obsolete. The continuing effects of the FIRPTA rules should be considered against the background of the new corporate tax rules.
Recommended Citation
Alan L. Feld,
Is FIRPTA (Partially) Obsolete?
,
35
Tax Notes
607
(1987).
Available at:
https://scholarship.law.bu.edu/faculty_scholarship/2961
