Philip Korb

Philip Korb

Ballard Spahr LLP

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Philadelphia Amends Realty Transfer Tax Law to Close Perceived "Loophole" in Sale of Interests in Real Estate Companies

Mayor Kenney on May 15 signed into law a bill amending the Philadelphia Realty Transfer Tax as it applies to sales of interests in real estate companies. Before July 1, 2017, if a real estate company that owned Philadelphia...more

5/22/2019  /  Amended Legislation , Business Entities , Business Ownership , Change of Ownership , Real Estate Companies , Realty Transfer Taxes , State and Local Government
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