Realty Transfer Tax Exemptions Combined

The distribution of real property to two of the decedent’s four children, with additional cash distributed to the other two children, was not subject to realty transfer tax under the principle of Baehr Bros. v. Com., 487 Pa. 233 (1979), because it could have been carried out as two exempt transactions: a distribution of the property to all four children followed by a sale by two of the children to the other two. Vaughan Estate, 12 Fid. Rep. 55 (Board of Finance and Revenue 2020).

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