Tax Treaty Creates Opportunity for Tax Free Interest on Developer’s Loan

Real Estate Developer

Representation of a Portuguese real estate developer regarding the tax structure associated with the development of One Thousand Museum, a luxury high-rise residential condominium in Miami, Florida designed by the late superstar architect Zaha Hadid. Advised the developer regarding United States Income Tax Treaty treatment of interest received from a $60 million loan.

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Richard M. Goldstein
Chair, Tax & Private Wealth