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Penn State International Law Review (1982 - 2011)

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Articles 391 - 392 of 392

Full-Text Articles in International Law

Foreign Statutory Response To Extraterritorial Application Of U.S. Antitrust Laws, John Cannon Iii Jan 1982

Foreign Statutory Response To Extraterritorial Application Of U.S. Antitrust Laws, John Cannon Iii

Penn State International Law Review (1982 - 2011)

This comment will outline the international response to extraterritorial application of United States antitrust law, focusing primarily on foreign statutory enactments. Following a brief review of United States antitrust legislation, American case law will be analyzed. The next section of the inquiry will consist of an examination of the so-called "blocking statutes" of eight major United States trading partners. Finally, alternative solutions to the conflict will be outlined.


The Foreign Investment In Real Property Act Of 1980, Lisa B. Petkun Jan 1982

The Foreign Investment In Real Property Act Of 1980, Lisa B. Petkun

Penn State International Law Review (1982 - 2011)

For a number of years, foreign investors were able to invest in real property located in the United States and to avoid, to a great extent, the payment of United States income tax on the operating income from the property and on the gain realized upon the disposition of the property. However, with the enactment of the Foreign Investment in Real Property Tax Act of 1980 ("FIRPTA") the ability of foreigners to avoid the United States tax gains realized upon the sale of real property located in the United States has been greatly circumscribed. To accomplish this result, FIRPTA added …