Real Estate

property taxes

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.

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

Homes Go Fast 07.11.2012
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.

Hong Kong announces property tax for foreigners

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

Property Showroom 30.10.2012
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?

Sheriff's property tax proposal: Will it cost you?

JACKSONVILLE, Fla. -- Sheriff Rutherford says his plan to hike the tax rate to bring in the same amount of revenue as last year would mean no net increase in taxes for the citizens of Jacksonville, but that appears not to be the case.

Property taxes not paid? The city can sell your home without any court hearing

The year 1929 saw a multitude of economic catastrophes. The financial crisis started in the United States with the collapse of the stock market, leading to a prolonged and unprecedented depression. Thousands of miles away, in Mandatory Palestine, a tax collection ordinance was enacted, regulating measures for the collection of taxes and unpaid debts.

Reinstated Property Tax Won’t Put Italians Off Homeownership

Italians are lining up to pay their property tax today as the deadline looms; the period for paying one of the levies reinstated by Prime Minister Mario Monti in December is coming to an end. The state hopes to raise about 21 billion euros – 9 billion euros will be for the central government and 12 billion will pour into local council coffers, Repubblica reports. That’s if everyone pays up.

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