The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate
Miller Samuel
MARCH 19, 2019
At the opposite end of the spectrum, the fiscally conservative Citizens Budget Commission described the tax as appealing but problematic : Gov. And it is a marginal rate tax - only the amount above each threshold is taxed. And it is a property tax which means it will be paid annually, not just upon sale like the Mansion tax.
370 
Let's personalize your content