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AFFIDAVIT OF NON-FOREIGN STATUS. Section 1445 of the Internal Revenue Code provides that a buyer of a United States real property interest must withhold tax if the seller is a foreign person.
Adjective. nonforeign (not comparable) Not foreign.
A citizen or resident of the United States, A domestic partnership, or A domestic corporation, or An estate or trust (other than a foreign estate of foreign trust as those terms are defined in Section 7701 (a) (31) of the Code.
AFFIDAVIT OF NON-FOREIGN STATUS. Section 1445 of the Internal Revenue Code provides that a buyer of a United States real property interest must withhold tax if the seller is a foreign person.
Adjective. nonforeign (not comparable) Not foreign.
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NON-FOREIGN CERTIFICATION. NON-FOREIGN CERTIFICATION. (Individual) Section 1445 of the Internal Revenue Code provides that a transferee (buyer) of a U.S. real property interest must withhold tax if the transferor (seller) is a foreign person.
A FIRPTA affidavit, also known as Affidavit of Non-Foreign Status, is a form a seller purchasing a U.S. property uses to docHub under oath that they arent a foreign citizen. The form includes the sellers name, U.S. taxpayer identification number and home address.
What Is a Certification of Non-Foreign Status? With a Certification of Non-Foreign Status, the seller of real estate is docHubing under penalty of perjury, that the seller is not foreign. Therefore, the seller and the transaction will not have the withholding requirements.
In order to avoid issues with FIRPTA, the seller will sign an Affidavit and docHub status. Otherwise, various pesky IRS forms, such as Form 8288 may be required.
FIRPTA Certificate: A FIRPTA certificate is used to to notify the IRS that the seller of real estate is not a foreign-person. When a foreign person sells real estate, the IRS wants to know about it. Even though some capital gains income tax is exempt to foreign persons, real estate is not exempt.

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