Recent Developments in the Law Portend of Widespread Reconsideration of This Question This post was written by Dusty Elias Kirk with Contribution from Kyle Smith. Courts in a number of states are reconsidering how to determine whether a property owner, often a nonprofit entity, is entitled to a property tax exemption or other special property tax … Continue Reading
This post was written by Dusty Elias Kirk and Peter H. Schnore. [This article was originally published in the June 2012 issue of the Institute for Professionals in Taxation Tax Report.] On April 25, 2012, the Pennsylvania Supreme Court handed down its much-anticipated decision in Tech One Associates v. Bd. of Prop. Ass’t. of Allegh. Co. … Continue Reading
This post was also written by Harriet Morgan. From 6 April 2011, residential property with a consideration of over £1m will be subject to a higher SDLT rate of 5%. This means that a purchaser whose transaction will complete on or after 6 April 2011 will find themselves paying more SDLT than if completion had … Continue Reading