WASHINGTON, Dec. 17 /PRNewswire-USNewswire/ -- The Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) is an outdated U.S. tax law that discourages non-U.S. investors from investing in U.S. commercial real estate, harms the U.S. economy and needs to be reformed, according to a new report by two leading economists who served on the White House Council of Economic Advisers under different ...

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