Recordation/grantor tax; penalty if understatement of consideration is false with intent to evade. (HB2135)

Introduced By

Del. Jackson Miller (R-Manassas)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Recordation taxes; basis. Changes the basis on which recordation taxes are calculated on the transfer of real estate to the stated consideration for the real estate. Under current law the basis is the consideration for the real estate or the value of the real estate, whichever is greater.   View Full Text »

Outcome

Bill Has Passed
View Bill's History

Duplicate Bills

The following bills are identical duplicates of this one: HB76.