Congress has approved the Protecting Americans From Tax Hikes (PATH) Act of 2015, which includes significant reforms to the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA).
Congress Progressing Toward Cybersecurity Enhancements
As businesses search for ways to better protect their information from online threats, the House of Representatives has passed two cybersecurity bills aimed at bolstering the sharing of information between the public and private sector.
On April 22, the House passed a bill that would encourage businesses and the federal government to share information on known cyber threats, the Protecting Cyber Networks Act (H.R. 1560), by a 307-116 margin.