Search found 2 matches
- Thu Feb 10, 2011 8:38 am
- Forum: Property & Real Estate
- Topic: Exact Property Transfer Tax amount and Profit Tax amount
- Replies: 18
- Views: 2364
Re: Exact Property Transfer Tax amount and Profit Tax amount
Thanks SJ. My wife does have a lawyer, just checking up on him. There has apparently been a negotiation with the buyer of the land to partial share the 2% Transfer Fee, however this still comes to a lot of cash that the seller needs to initially come up with. The whole annual Land tax issue is still...
- Tue Feb 08, 2011 3:53 pm
- Forum: Property & Real Estate
- Topic: Exact Property Transfer Tax amount and Profit Tax amount
- Replies: 18
- Views: 2364
Re: Exact Property Transfer Tax amount and Profit Tax amount
When are the various taxes required to be paid ?
From my understanding the Property Transfer Tax of 2% needs to be paid on the day of the actual transfer. Is this so ?
From my understanding the Property Transfer Tax of 2% needs to be paid on the day of the actual transfer. Is this so ?