John Cohn Quoted in SNL on Investments in Pipelines

“Tax changes could boost overseas investments in US pipelines, REIT assets”

Recent changes in tax laws for foreign investors in U.S. real estate and real estate investment trusts may encourage overseas funds to explore investments in oil and gas pipelines or other qualifying assets organized under a REIT.

Meanwhile, John Cohn, who represents several international private equity firms as a tax practice leader in the Dallas office of Thompson & Knight LLP, is skeptical about the benefits of the FIRPTA exemption. “It’s a welcome addition … but it’s a much narrower application than the headline advertises,” he said.