
Series
REBO Quarterly
REBO Quarterly is a newsletter showcasing legislative priorities, industry shifts, and new restrictions governing real estate and beneficial ownership at both state and federal levels in the United States. It examines bills that were introduced and successfully enacted by state legislatures, as well as ongoing bills and decisions extending into the future, so real estate owners and operators can stay informed.
Thought Leadership
On 23 April 2025, the European Commission has issued its first ever fines under the Digital Markets Act (DMA): a €500 million fine on Apple for violation of the DMA’s prohibition of anti-steering provisions for app stores, and a €200 million for Meta’s “pay or consent” model that was found to be a violation of the DMA’s requirement of seeking user consent for gatekeepers before combining user data between their different services.
On 30 June 2025, both the US Department of Energy and the Federal Energy Regulatory Commission announced revisions to their respective National Environmental Policy Act procedures to speed up the permitting process for energy infrastructure.
In May 2025, Washington Governor Bob Ferguson signed into law several bills that will impact both individual and business taxpayers.
This alert describes the persons who would be subject to the changes contained in Code Section 899, the consequences of being subject to this proposed new Code section, and some of the impacts this provision would have on certain cross-border transactions.