US Lawyer Database

Section 13-103 – Tax on Consideration Payable for Transfer of Controlling Interest in Real Property Entity

    (a)    In this section, “controlling interest”, “real property”, and “real property entity” have the meanings stated in § 12–117 of this article.     (b)    (1)    The taxes under this title are imposed on the transfer of a controlling interest in a real property entity as if the real property, directly or beneficially owned by the real property entity, was […]