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Study: Local taxes reduce property taxes

INDIANAPOLIS 13.11.2012
Study: Local taxes reduce property taxes

INDIANAPOLIS (WISH) - A new study of Indiana taxes finds that Local Option Income Taxes are complicated and confusing, yet effective.

Property taxes set to rise in Toronto

Homes Go Fast 07.11.2012
Tips on lowering tax liability arising out of profit made by selling a property

Real estate has, over the years, become like any other asset to be bought and sold with the aim of gaining from capital appreciation. While this can give good returns, it can also mean a hefty tax outgo. Irrespective of how the property has been acquired, the taxman looks at each and every real estate transaction.

Property taxes set to rise in Toronto

If you’re thinking of buying a property in the Canadian city of Toronto then you could shortly face a higher tax bill. Property taxes in the Ontario city are set to rise thanks to a 22.8 per cent rise in the average value of a property in the city since 2008.

Cyprus extends property tax amnesty

Property Showroom 30.10.2012
In the first nine months of the year Hong Kong's property market has rocketed 20 per cent Photo: REX FEATURES

Hong Kong has introduced a 15 per cent tax on foreign buyers in a bid to cool down its property market.

Cyprus extends property tax amnesty

The Cypriot parliament last week (October 26th) rushed through an amendment to the country's tax amnesty, extending the holiday by 14 months.

Developers decry high commercial property taxes

Homeowners are paying an increasing proportion of property taxes in Vancouver and Toronto – but not in Montreal, where businesses are increasingly picking up the tab.

Property law loophole losing tax revenue millions

Everyone knows that there are massive loopholes in the island’s antediluvian property laws. Shouldn’t these be plugged before the banks start selling off people’s homes as demanded by troika?

Tax haven property markets thrive as political scrutiny grows

(Reuters) - A judicial crackdown and mounting political pressure on legal tax avoidance are failing to deter companies from setting up in European tax havens.

Assessed value of Ontario homes to rise, property tax may follow

Ontario homeowners will see the determined value of their houses rise 4.5 per cent in each of the next four years — and may face tax increases as a result — following a report that found property values have risen 18 per cent since the last update in 2008.


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