The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate
Miller Samuel
MARCH 19, 2019
I am not a tax advisor, and anything I say here should not be relied on, and you should seek appropriate counsel. I am merely interpreting what I think are the critical issues established this proposed tax. And it is a marginal rate tax - only the amount above each threshold is taxed. Seriously.
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