Webster's Online Dictionary
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Specialty Expressions: IMMOVABLE PROPERTY TRANSFER TAX

ExpressionsDomainDefinition
Immovable property transfer taxFinanceA tax on capital gains realized on the disposal of immovable property, applied at a rate depending on the amount of gain and the length of time between acquisition and disposal of the property. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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