1,260 results found

Bass, Berry & Sims attorneys Tommy Gossett and McKeehanon Rue authored an article for GlobeSt.com outlining the use of assignment fees when purchasers need to back out of a real estate deal...

An abatement is a reduction in property tax granted by a city or town tax assessor or, on appeal, by the Massachusetts Appellate Tax Board ("ATB").

A Los Angeles Superior Court Judge has dismissed a lawsuit seeking to invalidate the Homelessness and Housing Solutions Tax (the "HHS Tax")/...

The UK Government has announced in today's Budget (22 November) that it is launching a consultation on extending the scope of UK tax on real estate.

To ring in the holiday season, the New Jersey Division of Taxation announced a new tax amnesty program

In a case of first impression, in a decision issued on Friday, June 26, the Tax Court of New Jersey invalidated the real property tax exemption of Morristown Memorial Hospital...

New York City's pied-à-terre tax took effect on July 1, 2026, imposing a surcharge on certain residential properties that do not serve as a primary residence. A critical question for property owners is whether holding title through a trust or other entity can avoid this surcharge, and the answer depends on how the City applies its "look-through" approach to beneficial ownership. Understanding the primary residence exclusion requirements for trusts and business entities is essential for property owners

In Union Underwear Company, Inc., d/b/a Fruit of the Loom v. Russell County Property Valuation Administrator[1], the Russell County Property Valuation Administrator ("PVA") issued alleged "omitted property" tax bills to the taxpayer for tax years 2009-2014.

Intended to promote clarity and predictability in valuation of solar and wind energy systems, RPTL § 575-b has been anything but clear or predictable since its enactment in 2021.

With the impact of rampant U.S. federal government stimulus spending to address the coronavirus pandemic and the continuing impact of tax cuts under the 2017 Tax Cuts and Jobs Act (TCJA), the...

The Massachusetts Supreme Judicial Court today ruled that charities which own and preserve conservation land may take advantage of a state tax exemption.

On June 6, 2019, the U.S. Treasury released proposed regulations under Internal Revenue Code section 897(l) providing guidance for "qualified foreign pension funds" for purposes of the Foreign Investment in Real Property Tax Act.

Imputation of Implied Actual Notice: the fact that an unrelated purchaser of property was aware that seller was being sued on an unsecured indebtedness did not create a legal duty...

With the first legislative funnel now behind them, lawmakers shifted their focus this week to floor debate, working to advance legislation out of their respective chambers.

During the 88th Regular Session, the Texas Legislature passed HB 2071 to address the perceived misuse of property tax incentives used by Public Facility Corporations (PFCs). The legislation...

On March 25th, I posted about the legal implications of using on-line apartment-renting services like AirBnB.

Gov. Kathy Hochul this week released a proposed revision to the 421-a "Affordable New York" program, in connection with her FY2023 Executive Budget proposal.