Transfer Tax

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Transfer Tax

The charge levied by the government on the sale of shares of stock. A charge imposed by the federal and state governments upon the passing of title to real property or a valuable interest in such property, or on the transfer of a decedent's estate by inheritance, devise, or bequest.

The states also impose transfer tax on deeds used to convey real property.

References in periodicals archive ?
An evolution in transaction tax management is underway, as we begin to understand the impact transaction taxes can have in the broader supply chain management space and the other business process areas that transaction taxes touch.
A banking transaction tax on withdrawal of cash beyond a specified limit in a day would restrict black money, the panel said.
Cutchin Powell is based in the Washington, District of Columbia office and specializes in providing real and personal property, transfer and recordation, exemption and abatement, and transaction tax consulting services nationwide.
When Althea joined us in 2008, we knew we had found that independent voice that would have the resolve to challenge tax authorities when necessary, not feel compelled to push our products, and lend an informative tone to the complex issues surrounding transaction tax collections, compliance, audit, and related matters.
Chen explained that in the calculation of securities transaction gains tax, investors can deduct securities transaction tax as a necessary expense.
Fernando Faria de Oliveira, head of the nation's banking association, said that the transaction tax would further complicate lending to the economy that is already in a deep recession.
The opposition has made it unlikely for the realization of the proposal of increasing the securities transaction tax by 0.
April 11, 2014 /PRNewswire-iReach/ -- Transaction Tax Resources, Inc.
France has become the first country in Europe to impose a financial transaction tax.
4) the draft revision to the Statute for Securities Transaction, suspending the transaction tax on corporate bonds and financial bonds for seven years.
NEW YORK, April 9, 2014 /PRNewswire/ -- In a letter to its members, the Security Traders Association Board of Governors recommends a holistic review of market structure, describes a financial transaction tax idea with a dual mandate as, "unrealistic" and highlights its New York affiliate's conference this Thursday, which will feature Chad Johnson, Esq.

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