Transfer Tax

Business / Real Estate / Transfer Tax: A state tax imposed on the transfer or conveyance of realty or any realty interest by means of deed, lease, sublease, assignment, contract for deed or similar instrument. One purpose of the tax is to acquire reliable data on the fair market value of the property to help establish more accurate real property tax assessments.

Other Words for Tax

Tax Adjective Synonyms: levy, impost, duty, tariff, assessment, tribute, toll, excise, customs, charge, contribution, scot, tithe, octroi, cess, rate(s), dues
Tax Noun Synonyms: assess, exact, demand, charge, impose or levy a tax (on), tithe
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Other Words for Transfer

Transfer Verb Synonyms: move, transport, convey, remove, carry, take, deliver, bring, transmit, cart, haul, shift, hand (on or over), turn over, give, pass (on or along or over)
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Taxable Event

Business / Finance / Taxable Event: That portion of a deceased person's estate that is subject to transfer tax. MORE

Transfer Tax Or Charge

Business / Loan / Transfer Tax Or Charge: This is a government tax or charge that is usually based on a percentage of the property value or loan amount and imposed by state or local law. Many states do not require this charge for a refinance MORE

Tax Free Acquisition

Business / Finance / Tax Free Acquisition: Illegal by reducing tax burden by underreporting income, overstating deductions, or using illegal tax shelters. MORE

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