Rarely does a subject as mundane as a documentary transfer tax become worthy of its own article. However, the June 29, 2017, decision of the California Supreme Court in 926 North Ardmore Avenue LLC v. County of Los Angeles is a worthy exception. Read this Law360 article by Eversheds Sutherland (US) attorneys Eric Coffill, Robert Merten and Nicholas Kump, which discusses:
- Three criteria that must be met in order for California’s documentary transfer tax to be imposed
- Background on the state’s Documentary Transfer Tax Act
- The California Supreme Court’s ruling in North Ardmore v. County of Los Angeles
- What’s to come
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