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. I am not a tax advisor, and anything I say here should not be relied on, and you should seek appropriate counsel. And it is a marginal rate tax - only the amount above each threshold is taxed.
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