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Because Florida does not impose a state income tax on individuals, the imposition of documentary stamp and non-recurring intangible personal property taxes on Florida real estate loan transactions is one way that the State provides for additional revenue. Some real estate loan transactions, however, can be structured in a way that results in a.
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BLOG VIEW: It’s a common saying that individuals make a decision to trust you, whether consciously or not, within ten minutes of meeting you.. Don’t Pay Unnecessary Documentary Stamp and Intangible Taxes – Berger Singerman Law Blog.
Home Buyer News Don’t Pay Unnecessary Documentary Stamp and Intangible Taxes – Berger Singerman law blog contents government program offered approximately 5 million homeowners single-family homes statewide totaled 2015 phyllis bean Intangible personal property Don’t Pay Unnecessary Documentary Stamp and Intangible Taxes – Berger Singerman Law Blog A note made or Read more.
As Victor Diaz explained in his March 2012 article titled "Best Practices: Florida Documentary Stamp and Nonrecurring Intangible Tax in Real Estate Secured Loans – Tread with Care," real estate secured transactions in Florida generally require the imposition of two types of taxes.The first is an excise tax imposed on written obligations to pay money, like promissory notes (the "documentary.
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