The Commonwealth Court of Pennsylvania held that an exemption to the application of PA Realty Transfer Tax Section (RTT) for no or nominal consideration from a trust under Section 1102-C.3(9.1)1 applies not only to transfers...more
7/16/2024
/ Beneficiaries ,
Department of Revenue ,
Limited Liability Company (LLC) ,
Living Trust ,
Marital Trusts ,
Partnership Interests ,
Realty Transfer Taxes ,
Revocable Trusts ,
Settlors ,
Transfer of Title ,
Trustees
Starting January 1, 2025, the individual who is the grantor of a trust that qualifies as a grantor trust under Sections 671 through 679 of the Internal Revenue Code will himself or herself be subject to Pennsylvania Personal...more