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Tax Rates Residential Real Estate Market

BCLP

UK Mini-Budget in reverse - Tax impact on the real estate sector

BCLP on

In an attempt to calm the markets and ensure the UK’s economic stability the new Chancellor, Jeremy Hunt, gave a statement ahead of the scheduled Medium-Term Fiscal Plan on 31 October. He announced a reversal of almost...more

Barnea Jaffa Lande & Co.

Israel: Everything to Know about the Purchase Tax Hike on Real Estate Investors

Barnea Jaffa Lande & Co. on

Last week, the Israeli Ministry of Finance approved the outline for a hike to the purchase tax imposed on real estate investors, once again, to tax brackets of 8% and 10%. The ministry’s goal is to “dissuade” investors from...more

Manatt, Phelps & Phillips, LLP

California Election 2020 Results - Updated

As the nation awaits the final formal actions necessary to certify the results of the 2020 presidential election, California is finalizing the vote count following a turnout now estimated at 80% of the state’s 22 million...more

Allen Matkins

California Voters Narrowly Reject Split-Roll Initiative, but Approve Changes to Property Tax Exemptions; San Francisco Voters...

Allen Matkins on

On November 3, 2020, voters across the State of California were asked to consider various state and local ballot measures. The hardest fought campaign, Proposition 15, asked voters whether to rescind property-tax rules...more

Barnea Jaffa Lande & Co.

It Is Time to Come Back Home: Investors Can Now Enjoy a Reduced Purchase Tax

Israeli Minister of Finance Israel Katz’s plan to reduce purchase tax for investors has gone into effect.   Until now, under plans advanced by the previous Minister of Finance, Moshe Kahlon, for lowering housing prices and...more

K&L Gates LLP

Melbourne Property Investor Alert: New Tax on Vacant Residential Properties

K&L Gates LLP on

With effect from 1 January 2018, owners of residential properties in certain Melbourne suburbs, which have been unoccupied for more than six months in a calendar year, will be liable to pay the Victorian Government's new...more

Hogan Lovells

Budget 2017

Hogan Lovells on

The 2017 Budget was presented by Minister Pravin Gordhan before Parliament on 22 February 2017. The 2017 tax proposals are projected to raise ZAR28 billion, and increase the tax burden from 26% of GDP in 2016/17 to 26.7%...more

Gray Reed

Do I Owe Income Taxes When I Rent Out My Home?

Gray Reed on

Over the summer, Brad Bevos’ company relocated him from Austin to Springfield, Illinois. A University of Texas alum and huge Longhorn football fan, the move bummed Brad because he won’t be able to attend home games this...more

Bilzin Sumberg

Tax Planning for Chinese Investment in U.S. Real Estate

Bilzin Sumberg on

According to recent estimates, Chinese investors represented the largest group of foreign investors in U.S. real estate in the second quarter of 2015 with $1.9 billion in acquisitions. In the last 12 months, Chinese investors...more

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