REALTORS® in the suburban Philadelphia area are fighting a proposed realty transfer tax (RTT) hike in Delaware County’s Upper Providence Township, an increase that would make it the highest local RTT in a four-county region.
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REALTORS® in the suburban Philadelphia area are fighting a proposed realty transfer tax (RTT) hike in Delaware County’s Upper Providence Township, an increase that would make it the highest local RTT in a four-county region.
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There are 71 home rule municipalities in Pennsylvania. All 71 have the ability to increase the realty transfer tax. There is no better time to ensure your market isn't at risk.
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The governor proposed no realty transfer or broad based tax increases, but did recommend a tax on smokeless tobacco, a 10-cent per pack hike on cigarettes and a severance tax on natural gas extraction from the Marcellus Shale.
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It’s no secret that government budgets are facing major deficits for 2009. We are constantly reminded by President-Elect Obama, Governor Rendell and various other elected officials that times are tough and choices need to be made.
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