July 13, 2017

Chris Griner and Anne Salladin quoted in "Why Lawmakers Are Seeking Greater Transparency on Foreign Landlords"

NATIONAL REAL ESTATE INVESTOR | Chris Griner, the co-managing partner of Stroock's Washington, DC office and chair of Stroock's National Security/CFIUS/Compliance Group, and special counsel Anne W. Salladin were quoted in a National Real Estate Investor article that discusses the interest from lawmakers to increase due diligence on real estate transactions executed by foreign owners.


U.S. Estate and Gift Taxation of Nonresident Aliens

  • Kevin Matz
  • 9:15 AM - 10:15 AM Eastern Time
  • Stroock & Stroock & Lavan LLP
    767 Third Avenue, 37th Floor
    New York NY, 10017

Join Stroock Partner Kevin Matz, chair of the NYSSCPA Estate Planning Committee, at a joint session with the International Taxation Committee on August 22, 2017, in New York, NY, where he will present on "U.S. Estate and Gift Taxation of Nonresident Aliens."

  • August 22, 2017 - U.S. Estate and Gift Taxation of Nonresident Aliens
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  • September 7, 2017 - 2017 Hispanic National Bar Association Annual Convention
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  • October 4, 2017 - Class Action Waivers
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    "Eight Regulations the IRS Says Are “Unduly Complex,” Impose “an Undue Financial Burden on Taxpayers” or Exceed the IRS’s Statutory Authority"

    Responding to President Donald Trump’s Executive Order 13789, which called on the Secretary of the Treasury to submit an interim report identifying any significant tax regulations issued since January 1, 2016 that (i) impose an undue financial burden on taxpayers; (ii) add undue complexity to federal tax laws; or (iii) exceed the statutory authority of the IRS, the IRS has released Notice 2017-38, which lists eight regulations that it has determined meet one or more of these criteria.

    Notably, no regulations were identified as exceeding the statutory authority of the IRS.

    This Stroock Special Bulletin provides an overview of these eight regulations, with particular focus on three that have received widespread attention and comment.


    "New Reporting Requirements For Foreign Travel and Foreign Contacts by Government Contractors"

    With the summer travel season underway, private sector government contractors and subcontractors should remember that the Director of National Intelligence ("DNI") has established new reporting requirements regarding foreign travel and foreign contacts for those who have been granted access to classified information, or who occupy “a sensitive position.” Effective June 12, 2017, the DNI issued Security Executive Agent (“SecEA”) Directive 3 (“Reporting Requirements for Personnel with Access to Classified Information or Who Hold a Sensitive Position”).

    This Stroock Special Bulletin provides an overview of SecEA Directive 3, including definitions of “covered individuals” and “sensitive position,” and procedures regarding official and unofficial foreign travel.


    "Real Estate In the Crosshairs: Congressional Calls to Step Up Scrutiny of Foreign Investment"

    Foreign ownership of property has become a key touchstone in the debate over national security, especially as government agencies and contractors are regular tenants in buildings controlled by non-U.S. investors or owners. Thus, it’s not surprising that the Government Accountability Office recently undertook an independent review of leasing practices of the General Services Administration, to assess how the GSA mitigates risks when it leases space to high-security tenants in foreign-owned buildings where concerns of espionage or influence-peddling could be elevated. A new bill is now before Congress proposing to change the process by which federal leasing agencies, including the GSA, gather information on the actual beneficial owners of foreign-owned real estate.

    Three U.S. Senators are attempting to examine the Committee on Foreign Investment in the United States review process and the types of real estate transactions that fall under the committee’s jurisdiction.