#1 ·
Hi there,
Does anyone happen to know which taxes kick in when a corporation buys land from an individual?
Does anyone happen to know which taxes kick in when a corporation buys land from an individual?
Company looking to buy private land
Started by silverbadger15 · · 👁 4 views · 1 reply
Participants
#2 ·
silverbadger15 said:Hi there,
Does anyone happen to know which taxes kick in when a corporation buys land from an individual?
It would be the real estate transfer tax, which typically amounts to about 3% of the property's fair market value.
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