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单词 transfer tax
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transfer tax

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transfer tax

There's a respectable case for a wealth transfer tax like inheritance tax.In fact, the arrangements they made predated the introduction of the property transfer tax.A transfer tax, often 10 per cent, is levied on purchases.There is also property transfer tax of 3%-8%.Before that, with the exception of 1992-95, the rates have risen every year since 1986, when capital transfer tax was renamed inheritance tax.It found justification for a better wealth transfer tax, including lifetime transfers, to replace inheritance tax.Under the old system buyers had to pay a transfer tax at a single rate on the entire property price after completion.There are no restrictions on overseas property investors, though a transfer tax of 5% is payable.Charges include 12.5% stamp duty, a transfer tax of 5% and solicitor's fees, which are 1%-1.5% of the sales price.Deed transfer tax (the equivalent of stamp duty) may also be levied and ranges from 0.5%-1.5%.
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更新时间:2025/3/24 14:12:57