Sentences with phrase «foreign owners»

Foreign owners of properties used for vacation purposes may be less affected — or perhaps even spot a buying opportunity.

Lawmakers want to increase due diligence on real estate transactions executed by foreign owners.

The old board came out with the BS about not being sold to a single foreign owner and made that promise... broken once payday was large enough.

After the antics of moustachioed Cardiff City super-villain Vincent Tan, it's fair to say that the reputation of foreign owners in the Premier League has taken a hit in recent years.

-- Krause says another common issue occurs with foreign owners who must have 10 percent of the sales proceeds withheld for the IRS unless they are eligible for a tax waiver.

But the tax bill Congress passed at the end of last year will help, too, because it eases a tax requirement for foreign owners of U.S. real estate when they sell their holdings.

In 2008, the Conference Board concluded that, on average, foreign takeovers of Canadian companies were more positive than all - Canadian deals because «product and geographic overlap of businesses is less with foreign owners.»

Wilkins also pointed to an unanswered question: if there's an adverse shock, would foreign owners sell?

Protectionists, meanwhile, think relying on foreign owners of local companies to act in Canada's best interests is a joke.

Measures also should be considered to dissuade foreign owners from keeping Vancouver housing as a place to park their cash.

The British Columbia Real Estate Association insists foreign buying is not a problem, at 5 per cent of the market, but their figures are suspect because of the narrowness of how they define foreign owners.

All of Australia's big beer brands except one have had new foreign owners in the past six years, but that isn't the reason why beer consumption is at a 68 - year low.

He was part of a group of American investors who purchased A.S. Roma in 2011 to become the first foreign owners of an Italian soccer team.

In recent years, additional foreign owners have come into the league, including Inter Milan, which is owned by an Indonesian group, and Bologna, which was purchased last October by Joe Tacopina, Alex Rodriguez's criminal defense attorney.

Jack is interesting because he is white and English in an EPL landscape dominated by black or foreign players, foreign managers foreign owners.

Another part of the report shows that our league is earning much more than all of the others and I do not think it is a coincidence that we have so many more foreign owners.

In fact, instead of Arsenal being seen as the good guys for trying to compete against foreign owners ramping up wages and transfer fees and losing their best players, the opposite was true.

Canadians living outside B.C. who own a property in these areas will be subject to a one per cent tax based on the assessed value, while foreign owners will pay two per cent.

This transaction led to Shell becoming the single largest foreign owner of Brazilian oil.

When foreign owners of real estate go to sell, are they taxed the same way a U.S. citizen is?

I don't want to clobber anyone, but I want to make sure that people who are paying too little tax because they are undertaxed in multimillion - pound properties — and many of these are foreign owners who don't pay tax at all — pay their fair share to the NHS.

Another controversial option is to consider implementing a tax specifically for foreign owners or non-residents who purchase property.

«So much of [Toronto's real estate] is owned by foreign owners, and we welcome their investments,» said Toronto real estate lawyer Bob Aaron.

Further complicating matters: Both companies have foreign owners, and a merger would reduce the U.S. wireless market to three major players.

The group that loses out the most from the sale of residential real estate to foreign owners is everyone who works in the Vancouver area and earns Vancouver wages, but has to try to find housing in a market distorted by buyers who don't work in the Vancouver area and earn Vancouver wages.

What group (s), if any, in Vancouver are being impacted by the sale of residential real estate to foreign owners?

Switzerland: Switzerland has some of the most comprehensive rules on non-resident foreign ownership in Europe: it uses a scheme of annual quotas by subregion assigned at the federal level and limiting each foreign owner to holding one property.

It is a common lamentation (and a media favourite) to bemoan the passing of large Canadian companies into the hands of foreign owners.

Like stage magicians, such economists distract their audience's attention from the topic at hand in this case, the tendency for privatizations to turn control over to financial managers and foreign owners to somewhere that they can distract the audience's attention from the «invisible hand» of corruption and political manipulation.

Fifteen foreign owners have been forced to sell their illegally bought properties by the Australian government, reports the Australian Financial Review (6 February 2017).

The Americans have become the symbol of why English clubs are suspicious of foreign owners.

Before we sold our clubs to foreign owners and had foreign managers we failed miserably.

If the property tax were applied to properties owned by companies, trusts and foreign owners, it would probably raise at least # 26 billion (an amount equal to the yield from council tax in 2012 - 13).

The prerequisite technical knowledge and ability for meet standards do not require the ability of foreign owners to speak the queens english, however cultural differences in work ethnic and social norms do matter.

If you really want to buy a condo, and you plan on living in the unit for at least five years, you may be alright buying in the areas with a higher concentration of foreign owners, however, you may want to consider other areas with a smaller percentage of investor - owned condos.

Foreign ownership is a key concern as real estate analysts fear that if the market turns, foreign owners will be more likely to put their units up for sale and this can flood the market, push overall condo prices down, and start a market crash.

Foreign owners are stepping into the big - city condo market where, again, what they own is more expensive than the what residents own.

Finance Minister Carole James didn't budge Thursday when asked if the tax is, in fact, unintentionally going to impact mainly British Columbians with multiple homes rather than foreign owners who do not pay local income taxes.

«For example, the commitment made by the foreign owners of Song Saa Private Island is indicative of the new spirit in the country.»

Most of the foreign owners live in the area with their families and manage their hotels, and many have become Costa Rican citizens.

During our stay, we met the foreign owner and he personally welcomed us at the resort.

Defended complex copyright infringement dispute involving previously un-decided issues concerning the Digital Millennium Copyright Act, and the extent to which a foreign - based copyright owner must establish appropriate chain of title, and whether, and under what circumstances, the foreign owner is entitled to the presumption of validity of its copyright.

Barack Ferrazzano's clients include publicly traded real estate investment trusts, private REITS and equity funds, entrepreneurs, money center banks and other institutional lenders, non-traditional lenders, pension fund advisors, private investment funds and other institutional investors, real estate developers, not - for - profit corporations and other domestic and foreign owners of real estate in the United States.

Continually staying abreast of legal changes in property ownership laws that pertain to foreign owners.

The possibility that such a large number of foreign owners will flood the market in a huge selloff if the market turns bad has been raised by some observers.

The bottom line: anyone purchasing real property from a foreign owner should consult with the IRS, their accountant or a trusted tax attorney before completing the sale to be sure the transaction is handles within the scope of FIRPTA.

But there is also some very important information American buyers need to heed if they are buying a home from a foreign owner.