Home Buyers Property Transfer Tax and Foreign Entity Tax 2018
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Home Buyers Property Transfer Tax and Foreign Entity Tax 2018

Property Transfer Tax 2018 Effective February 21, 2018, the Property Transfer Tax (“PTT”) payable under the Property Transfer Tax Act (“PTTA”) are as follows: Example 1: For a property that has a fair market value of $500,000 1% on the first $200,000 1% of 200,000 = $2,000.00 2% on the portion of the fair market value greater than…