The new land transfer tax on top of a proposed property tax increase, at double the rate of inflation, sends the wrong message to home buyers. (remonline.com)
When the builder offered to purchase the land from the city, it argued that only the Property Transfer Tax on the land should be paid (its value) excluding the building. (remonline.com)
These modifications have two primary goals: The first is to impose transfer tax on indirect transfers of real property caused by changes in the ownership of legal entities. (nreionline.com)