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Meaning of "transfer tax" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF TRANSFER TAX

transfer tax  [ˈtrænsfɜː tæks] play
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GRAMMATICAL CATEGORY OF TRANSFER TAX

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Transfer tax is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES TRANSFER TAX MEAN IN ENGLISH?

Transfer tax

A transfer tax is a tax on the passing of title to property from one person to another. In a narrow legal sense, a transfer tax is essentially a transaction fee imposed on the transfer of title to property. This kind of tax is typically imposed where there is a legal requirement for registration of the transfer, such as transfers of real estate, shares, or bond. Examples of such taxes include some forms of stamp duty, real estate transfer tax, and levies for the formal registration of a transfer. In some jurisdictions, transfers of certain forms of property require confirmation by a notary. While notarial fees may add to the cost of the transaction, they are not a transfer tax in the strict sense of the term. In the United States, the term transfer tax also refers to Estate tax and Gift tax. Both these taxes levy a charge on the transfer of property from a person to another without consideration. In 1900, the United States Supreme Court in the case of Knowlton v. Moore, 178 U.S. 41, confirmed that the estate tax was a tax on the transfer of property as a result of a death and not a tax on the property itself.

Definition of transfer tax in the English dictionary

The definition of transfer tax in the dictionary is a transaction fee imposed on the transfer of title to property.

WORDS THAT RHYME WITH TRANSFER TAX


after-tax
ˈɑːftəˌtæks
before-tax
bɪˈfɔːˌtæks
eco-tax
ˈiːkəʊtæks
Eurotax
ˈjʊərəʊˌtæks
morphosyntax
ˌmɔːfəʊˈsɪntæks
nontax
ˈnɒnˌtæks
overtax
ˌəʊvəˈtæks
pre-tax
ˌpriːˈtæks
retax
ˌriːˈtæks
stacks
stæks
surtax
ˈsɜːˌtæks
syntax
ˈsɪntæks
tax
tæks

WORDS THAT BEGIN LIKE TRANSFER TAX

transfer characteristic
transfer desk
transfer fee
transfer list
transfer lounge
transfer passenger
transfer payment
transfer pricing
transfer RNA
transfer season
transfer station
transfer student
transfer window
transfer-list
transferability
transferable
transferable vote
transferal
transferase
transferee

WORDS THAT END LIKE TRANSFER TAX

capital gains tax
capital transfer tax
carbon tax
council tax
death tax
departure tax
excise tax
green tax
income tax
inheritance tax
land tax
payroll tax
profits tax
property tax
purchase tax
road tax
sales tax
value-added tax
wealth tax
withholding tax

Synonyms and antonyms of transfer tax in the English dictionary of synonyms

SYNONYMS

Translation of «transfer tax» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF TRANSFER TAX

Find out the translation of transfer tax to 25 languages with our English multilingual translator.
The translations of transfer tax from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «transfer tax» in English.

Translator English - Chinese

转让税
1,325 millions of speakers

Translator English - Spanish

impuesto sobre Transmisiones Patrimoniales
570 millions of speakers

English

transfer tax
510 millions of speakers

Translator English - Hindi

स्थानांतरण कर
380 millions of speakers
ar

Translator English - Arabic

ضريبة نقل
280 millions of speakers

Translator English - Russian

налог на передачу
278 millions of speakers

Translator English - Portuguese

imposto sobre a Transmissão
270 millions of speakers

Translator English - Bengali

স্থানান্তর ট্যাক্স
260 millions of speakers

Translator English - French

taxe de transfert
220 millions of speakers

Translator English - Malay

Cukai pemindahan
190 millions of speakers

Translator English - German

Erwerbsteuer
180 millions of speakers

Translator English - Japanese

譲渡税
130 millions of speakers

Translator English - Korean

양도세
85 millions of speakers

Translator English - Javanese

Tax transfer
85 millions of speakers
vi

Translator English - Vietnamese

chuyển thuế
80 millions of speakers

Translator English - Tamil

பரிமாற்ற வரி
75 millions of speakers

Translator English - Marathi

हस्तांतर कर
75 millions of speakers

Translator English - Turkish

Transfer vergisi
70 millions of speakers

Translator English - Italian

imposta di trasferimento
65 millions of speakers

Translator English - Polish

Podatek od przeniesienia
50 millions of speakers

Translator English - Ukrainian

податок на передачу
40 millions of speakers

Translator English - Romanian

taxa de transfer
30 millions of speakers
el

Translator English - Greek

φόρος μεταβίβασης
15 millions of speakers
af

Translator English - Afrikaans

belasting op die oordrag
14 millions of speakers
sv

Translator English - Swedish

överlåtelseskatt
10 millions of speakers
no

Translator English - Norwegian

overføre skatt
5 millions of speakers

Trends of use of transfer tax

TRENDS

TENDENCIES OF USE OF THE TERM «TRANSFER TAX»

The term «transfer tax» is quite widely used and occupies the 30.295 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Quite widely used
86
/100
The map shown above gives the frequency of use of the term «transfer tax» in the different countries.
Principal search tendencies and common uses of transfer tax
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «transfer tax».

FREQUENCY OF USE OF THE TERM «TRANSFER TAX» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «transfer tax» during the past 500 years. Its implementation is based on analysing how often the term «transfer tax» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about transfer tax

EXAMPLES

10 ENGLISH BOOKS RELATING TO «TRANSFER TAX»

Discover the use of transfer tax in the following bibliographical selection. Books relating to transfer tax and brief extracts from same to provide context of its use in English literature.
1
Modern Real Estate Practice in Illinois
Transfer Tax Stamps In Illinois... Role-Play Client: "What do transfer taxes fund?" Agent: "Affordable housing and land preservation." statute and are used to convey title to property that is transferred by court order or by will. The form of such a ...
Fillmore W. Galaty, Wellington J. Allaway, Robert C. Kyle, 2001
2
U.S. Master Tax Guide
Transfer Tax System 2901 Gift Tax 2903 Estate Tax 2912 Generation-Skipping Transfer Tax 2942 Transfer Tax on Gifts and Bequests from Expatriates .... 2949 Transfer Tax System 2901. Estate, Gift, and Generation-Skipping Transfer Tax ...
CCH Editorial Staff Publication, 2008
3
The Encyclopedia of Taxation & Tax Policy
Three recent court cases, taken together, test but in the end leave intact the conventional wisdom that market value, or a reasonable proxy, remains the most accepted basis for transfer tax liability, even though adjustments may be necessary in ...
Joseph J. Cordes, Robert D. Ebel, Jane Gravelle, 2005
4
Modern Real Estate Practice in Ohio
Calculating the Transfer Tax In a county with a total transfer tax of four mills, the total transfer tax on a sales price of $100,000 with an assumed mortgage of $60,000 and a new mortgage is calculated as follows 10... .001 x $100, 000 .003 x ...
Fillmore W. Galaty, Wellington J. Allaway, Robert C. Kyle, 2001
5
A Lawyer's Guide to Estate Planning: Fundamentals for the ...
Trust Form to Charge Tax to Property In the event a taxable termination or taxable distribution occurs that is subject to the generation-skipping transfer tax as defined in Chapter 13 of the Internal Revenue Code, such tax shall be charged to  ...
L. Rush Hunt, Lara Rae Hunt, 2004
6
Collateral Inheritance and Transfer Tax Law of the State of ...
Title: Collateral Inheritance and Transfer Tax Law of the State of New York: Containing Original Act of 1885 With All Amendments, the Revision of 1892 With All Subsequent Amendments Prior to 1896, and the Codification of 1896 With All ...
Edward Huntington Fallows, 2010
7
Michigan Real Estate Basics
For increased revenue, Michigan charges property owners a transfer tax when they transfer legal title to their properties. Historically, Michigan used differing denomination stamps (postage size) to record the amount of the tax and affixed them ...
Dearborn Trade, 2004
8
Modern Real Estate Practice in Pennsylvania
In Practice Realty Transfer Tax n Pennsylvania... People transfer ownership for a number of reasons, the sale of a property being only one of them. An agreement of sale typically specifies the form of deed that will be conveyed at settlement.
Herbert J. Bellairs, Thomas J. Bellairs, James L. Helsel, 2002
9
California Real Estate Principles
Documentary California allows a city or county to impose a documentary transfer tax Transfer Tax on all transfers of real property located in the jurisdiction. Notice of payment of the documentary transfer tax usually appears on the face of the ...
Charles O. Stapleton, Martha R. Williams, 2004
10
German Tax and Business Law
Taxes on the use of income and property General 111-057 Value added tax 111- 061 Real estate transfer tax 111-058 [11l-057] General As far as the taxes on the use of income and property are concerned, the most important taxes are real ...
‎2005

9 NEWS ITEMS WHICH INCLUDE THE TERM «TRANSFER TAX»

Find out what the national and international press are talking about and how the term transfer tax is used in the context of the following news items.
1
Cut in transfer tax will cripple local government
Over two decades ago, the Delaware General Assembly gave to the local governments the ability to share the Real Estate Transfer Tax with them. This is a type ... «The News Journal, Jun 15»
2
Ending BC's property transfer tax is 'long-term plan,' Clark says
Premier Christy Clark says the property transfer tax is a “drag” on B.C.'s economy she would like to eliminate, even though it's worth about a billion dollars a year ... «The Globe and Mail, Feb 15»
3
Drivers 'not adequately warned' over end of tax discs
Sellers will not be able to transfer tax with ownership of the vehicle. So anyone who buys a used car will no longer benefit if there are months left on the tax disc. «Telegraph.co.uk, Aug 14»
4
Greece passes new property-tax legislation
At the same time, it slashes property transfer taxes by more than 50% and offers ... Greece is now replacing this tax with a new one, which effectively shifts the tax ... «MarketWatch, Dec 13»
5
The 2013 Limits On Tax-Free Gifts: What You Need To Know
One thing that makes annual exclusion gifts so appealing is that they pass outside of the transfer tax system and don't count against the $5.25 million that you ... «Forbes, Nov 13»
6
Oregon Voters Approve Ban On Real-Estate Transfer Taxes
Law360, New York (November 7, 2012, 4:17 PM ET) -- Oregon voters on Tuesday approved a ballot measure to ban new taxes and fees on real estate transfers ... «Law360, Nov 12»
7
Measure 79 aims to take real estate transfer tax off the table
PH.HOUSESALE_11152685.JPG Motoya Nakamura/The OregonianMeasure 79 would enshrine a prohibition on new real estate transfer taxes in the state ... «OregonLive.com, Oct 12»
8
Congress' Gift To The Wealthy, A GST Tax "Holiday" In 2010 -- Act …
Generally, the generation-skipping transfer tax (GST tax) is imposed on transfers of property to a person's grandchildren and younger generations. «Forbes, Dec 10»
9
Obama Signs Tax-Cut Bill Setting Estate Tax Exemption at $5 Million …
The law unifies the estate, gift and generation-skipping transfer tax exemptions at $5 million. (For 2010 there is no generation-skipping tax, while the gift tax ... «ElderLawAnswers.com, Dec 10»

REFERENCE
« EDUCALINGO. Transfer tax [online]. Available <https://educalingo.com/en/dic-en/transfer-tax>. Apr 2024 ».
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