Under current law, gains of foreign investors from the disposition of U.S. real property interests are generally subject to U.S. tax under FIRPTA, and foreign investors including large foreign pension funds regularly cite FIRPTA as an impediment to their investment in U.S. infrastructure and real estate assets.

WHITEHOUSE: The White House

"Anyone who has an interest in property should be concerned with the outcome of this case, " says Frank Alexander, a real estate law professor at Emory University.

FORBES: Magazine Article