What is the IRS guidance on ITINs for non-resident aliens selling US real property?
Understanding IRS Rules for Non-Resident Aliens Using ITINs in U.S. Real Property Sales When a non-resident alien sells U.S. real property, the IRS requires the withholding of a significant portion of the sale proceeds—typically 15% of the gross sales price—under the Foreign Investment in Real Property Tax Act (FIRPTA). An Individual Taxpayer Identification Number (ITIN) …
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