Understanding the Impact
While many international investors have focused on the impact of the Foreign Investment in Real Property Tax Act (FIRPTA) law since it was enacted in 1980, the Committee on Foreign Investment in the US (CFIUS, stablished by executive order in 1975) may be more of a concern today. Established to review national security of foreign investments, it is chaired by the US Treasury and includes the Defense, State, and Commerce departments, among others. Recently, the Department of Homeland Security became a member of the committee as well.
In 2006, Notifications and Investigations more than doubled, and by the end of 2018, they had doubled again. In 2018, the Foreign Investment Risk Review Modernization Act (FIRRMA) was signed, leading to a significant increase in the focus and enforcement of CFIUS. Although the total number of notifications was only 229 in that year, there is concern that the number might now be rising.
Therefore, in order to better understand the impact of CFIUS on AFIRE membership, this survey is designed to find out what members are experiencing.
Results will be presented at AFIRE's Focus on CFIUS virtual event on Tuesday, December 1, 2020, 10:00 AM – 11:00 AM EST.
12 questions/3 minutes
In 2006, Notifications and Investigations more than doubled, and by the end of 2018, they had doubled again. In 2018, the Foreign Investment Risk Review Modernization Act (FIRRMA) was signed, leading to a significant increase in the focus and enforcement of CFIUS. Although the total number of notifications was only 229 in that year, there is concern that the number might now be rising.
Therefore, in order to better understand the impact of CFIUS on AFIRE membership, this survey is designed to find out what members are experiencing.
Results will be presented at AFIRE's Focus on CFIUS virtual event on Tuesday, December 1, 2020, 10:00 AM – 11:00 AM EST.
12 questions/3 minutes
Questions? Contact Ben van Loon, Communications Director (bvanloon@afire.org).