[Note: The news posting below has been left as it was originally published, but tables it refers to have been superseded, and the current factors to be applied to life estate and remainder interests subject to Pennsylvania realty transfer tax can be found in “Pa. Realty Transfer Tax on Life Estates and Remainders.”]

It was previously reported, in “Realty Transfer Tax on Remainders,” that the Department of Revenue had published a new table of life estate and remainder factors based on an interest rate of 2.6%, to be effective July 1, 2022. The factors were actually based on an interest rate of 1.4%, but the original publication erroneously referred to “Table S(2.6).” The Department has republished the factors with a corrected reference to “Table S.” See “Life Estate and Remainder Factors; Pennsylvania Realty Transfer Tax (Revised),” 52 Pa.B. 5877 (7/10/2022), effective July 1, 2022, correcting 52 Pa.B. 3382 (6/11/2022).