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R: FIRPTA: AGENT LIABILIY

FIRPTA: AGENT LIABILITY The purpose of the FIRPTA is to tell the buyer that seller is exempt from withholding both federal and California withholding requirements. IRS Section 1445; California Revenue & Taxation Code Section 18662. When is a FIRPTA required to be given to a Buyer? FIRPTA is required anytime a seller is claiming an […]

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