Although, the actual amount of real estate taxation
applied today is minimal and not quite adequate, it is impossible to ignore the social status of property owners, which is the vast majority of citizens.
Laura Jackson specializes in the REIT and partnership area of real estate taxation
, providing expertise in due diligence, structuring, REIT compliance, [section]754 adjustments and partnership taxation.
With the threshold for federal estate taxation
now at $11.2 million for individuals and $22.4 million for married couples, federal estate taxation
now only applies to less than 0.1 percent of the population.
The Ministry of Finance is working on some amendments to the real estate tax law including cancellation of the Real Estate Taxation
Authority's (RTA) right to appeal the rental value evaluation reached by assessment and inventory committees, Head of the RTA Samia Hassan said on Tuesday.
Among them are: Deputy Housing Minister for National Projects Khaled Abbas; Chairman of the Tourism Development Authority Serag El Din Saad; Chairwoman of the Real Estate Taxation
Authority Samia Hussein; and Chairman of the General Authority for Investment Mohsen Adel.
The Center for Global Best Practices invites landowners and administrators, businesses, accountants, lawyers and even LGU officials in a one-day pioneering program titled, 'Local Government and Real Estate Taxation
,' on Aug.
The typical approach has been the insertion of a foreign corporation as wholly owned by the trust to retain assets otherwise classified as U.S.-situs property for estate taxation
. (2) The result is to transform the U.S.-situs into foreign-situs property such that exposure to the estate tax is avoided on the grantor's demise.
has more than 22 years of experience in the area of real estate law, focusing on land use, land development and zoning; real estate taxation
; real estate transactions; real estate title issues; eminent domain; real estate valuation; and real estate code compliance.
Using careful drafting techniques, such a transfer could cause the asset to be included in such a family member's estate, thereby permitting a step-up in basis without resulting in estate taxation
It is estimated that now only about 1,800 estates, annually, will be subject to federal estate taxation
Below is a brief discussion of the changes under estate taxation
under the Train law.