The document discusses the implications of the Foreign Account Tax Compliance Act (FATCA) on dividend income and gross proceeds from the sale of Class A common stock, particularly for foreign entities. It outlines the withholding tax requirements and exemptions under FATCA, as well as the potential inclusion of such stock in the U.S. federal estate tax for non-U.S. holders. It advises potential purchasers to consult tax advisors regarding U.S. federal, state, local, and non-U.S. tax considerations.
documents/vol00010-efta01366737-pdf.pdf
{"document_type":"legal","document_subtype":"taxation legislation","reference_numbers":["DB-SDNY-0058265","SDNY_GM_00204449","EFTA01366737"]}