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SEC Filings

JONES LANG LASALLE INC filed this Form S-1/A on 07/03/1997
Entire Document
periods from the conduct of a United States trade or business, information
reporting (but not backup withholding) will apply unless (i) such broker has
documentary evidence in its files that the holder is a Non-United States
Holder and certain other conditions are met, or (ii) the holder otherwise
establishes an exemption.
  The Proposed Regulations would, if adopted, alter the aforegoing rules in
certain respects. Among other things, the Proposed Regulations would provide
certain presumptions and other rules under which Non-United States Holders may
be subject to backup withholding in the absence of required certifications and
would modify the definition of an "exempt recipient" in the case of a
  Backup withholding is not an additional tax. Rather, the tax liability of
persons subject to backup withholding will be reduced by the amount of tax
withheld. If backup withholding results in an overpayment of United States
income taxes, a refund may be obtained, provided the required documents are
filed with the IRS.
  An individual Non-United States Holder who is treated as the owner of Common
Stock at the time of such individual's death or has made certain lifetime
transfers of an interest in Common Stock will be required to include the value
of such Common Stock in such individual's gross estate for United States
federal estate tax purposes and may be subject to United States federal estate
tax, unless an applicable tax treaty provides otherwise. For United States
federal estate tax purposes, a "Non-United States Holder" is an individual who
is neither a citizen nor a domiciliary of the United States. Whether an
individual is considered a "domiciliary" of the United States for estate tax
purposes is generally determined on the basis of all of the facts and

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