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Transfer Tax |
Also found in: Dictionary/thesaurus, Financial, Wikipedia | 0.03 sec. |
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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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