Tax Alert on FIRPTA and REIT Reform Sent to Jeffrey Epstein Highlighting New Foreign Pension Fund Exemptions

The document reveals that a tax advisory from Sadis & Goldberg was forwarded to Jeffrey Epstein shortly after the PATH Act changed FIRPTA rules, outlining how foreign pension funds and other non‑U.S. The PATH Act (signed Dec 18, 2015) exempts qualified foreign pension funds from FIRPTA, allowing the Foreign investors can now own up to 10% of publicly traded REITs without triggering FIRPTA tax. Th