Overview of Real Property Transfer Taxes (PA)

Summary

This practice note discusses stamp taxes imposed in Pennsylvania on transfers of real property, examining issues such as when the stamp tax is imposed, exemptions from the tax, and situations in which the law may not be clear as to whether the tax applies. Valuable guidance explains how such taxes are calculated and the circumstances under which they are due. This practice note also reviews the forms required for compliance with such taxes to help you properly advise your clients.