Immovable property deals: FBR can no more collect CVT

Posted by property | Posted in Real Estate | Posted on 07-06-2010-05-2008

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Immovable property deals: FBR can no more collect CVT
ISLAMABAD (June 07 2010): The Federal Board of Revenue (FBR) is no more empowered to collect 4 percent capital value tax (CVT) on immovable property, as powers to collect the CVT on property have been transferred to provinces under the 18th Constitutional amendment.
Read more on Business Recorder

L.A. County makes more big cuts in property tax assessments

Posted by property | Posted in Real Estate | Posted on 03-06-2010-05-2008

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L.A. County makes more big cuts in property tax assessments
About 405,000 homeowners in Los Angeles County can expect to see lower property taxes later this year, the county assessor said Wednesday.
Read more on Los Angeles Times

IRS adopts state domestic-partner property law
In a significant move for same-sex couples, the Internal Revenue Service has decided to recognize California’s community property law and treat the income earned by California registered domestic partners as community property income for federal income tax… Internal Revenue Service – Domestic partnership – Same-sex relationship – Income tax – United States
Read more on San Francisco Chronicle

Property taxes in county falling
Some 405,000 Los Angeles County homeowners will have up to 1,800 reasons to smile this year following the latest reassessment of property values.
Read more on Los Angeles Daily News

NFM and Cape property valuation down more than 16 percent, according to preliminary estimate

Posted by property | Posted in Real Estate | Posted on 02-06-2010-05-2008

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NFM and Cape property valuation down more than 16 percent, according to preliminary estimate
Lee County property values dropped 15.3 percent, according to estimated numbers released on Tuesday by property appraiser Ken Wilkinson.
Read more on North Fort Myers Neighbor

League hails court ruling on snowplows damaging private property
MONTPELIER — The Vermont League of Cities and Towns is voicing satisfaction with a state Supreme Court decision saying property owners don’t have much recourse when their properties are damaged by snowplows.
Read more on The Burlington Free Press

Declining property values will mean more budget cuts in Hernando

Posted by property | Posted in Real Estate | Posted on 01-06-2010-05-2008

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Declining property values will mean more budget cuts in Hernando
BROOKSVILLE With the latest estimates of property values falling further than anticipated, Hernando County now estimates that its budget deficit for the coming fiscal year will climb another .1 million to .4 million.
Read more on St. Petersburg Times

Florida property catastrophe reinsurance rates decline
NEW YORK—Reinsurance rates for June 1 renewals of catastrophe-exposed property have declined up to 15% due largely to ample capacity, according to separate reports issued Tuesday.
Read more on Business Insurance

China bank adviser says property woes more severe than US

Posted by property | Posted in Real Estate | Posted on 01-06-2010-05-2008

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China bank adviser says property woes more severe than US
China bank adviser says property woes more severe than USChina bank adviser says property woes more severe than US
Read more on The Economic Times

Kilpatrick Stocktons Wendy Choi and Cate Hart Elected to the Board of Directors for the Intellectual Property Section …
ATLANTA – Kilpatrick Stockton announced today that attorneys Wendy Choi and Cate Hart have been elected to serve on the 2010-2011 Board of Directors for the Intellectual Property Section of the Atlanta Bar Association .
Read more on dBusinessNews.com

Assembly approves measure protecting property value in Highlands
Legislation would make sure Highlands property owners receive fairer compensation
Read more on The Sparta Independent

More people are paying property taxes on time

Posted by property | Posted in Real Estate | Posted on 25-05-2010-05-2008

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More people are paying property taxes on time
For the second year in a row, timely property tax payments are on the rise, San Diego County Treasurer-Tax Collector Dan McAllister said Monday.
Read more on San Diego Union-Tribune

Home Invasion Report Leads To Stolen Property Case
Kansas City police say while investigating a home invasion over the weekend officers found a large amount of stolen property inside the house.
Read more on KCTV 5 Kansas City

Study: Property tax cap didn’t hurt education in Massachusetts, could work in Jersey
A study of the Massachusetts tax cap held up as the solution for New Jersey’s escalating property tax woes said educational standards can stay strong even while governments spends less on students.
Read more on The Record and Herald News

More Vermonters checking for unclaimed property

Posted by property | Posted in Real Estate | Posted on 23-05-2010-05-2008

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More Vermonters checking for unclaimed property
MONTPELIER — Perhaps motivated by the harsh economic climate, a record number of Vermonters are checking for unclaimed property. From July 1, 2009 through May 1, there were 12,452 claims paid with a value of approximately .2 million.
Read more on The Burlington Free Press

Service aims at property tax protests
Posted: Sunday, May 23, 2010 2:00 am | Updated: 8:26 am, Sun May 23, 2010. “With some of the latest news on homes being overtaxed, I thought this might be important news to homeowners in Longview,” Hill said of his Property Tax Valuation and Consulting Service.
Read more on The Longview News-Journal

Property tax exemption needs more study, Broome legislators say

Posted by property | Posted in Real Estate | Posted on 19-05-2010-05-2008

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Property tax exemption needs more study, Broome legislators say
BINGHAMTON — More research needs to be done before Broome County legislators consider a property tax exemption for county taxpayers who renovate their homes.
Read more on Press & Sun-Bulletin

Don’t pay your speeding tickets? Watch your property tax bill
Ontario drivers who refuse to pay their share of more than billion owed in outstanding speeding tickets had better watch their property tax bills.
Read more on Toronto Star

Council set to agree on price for tri-county landfill property
Anderson County is set to agree upon a sale price of .8 million for a landfill property it owns with Pickens and Oconee counties.
Read more on Anderson Independent-Mail

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