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Payroll Preparation Tax (PPT)
For the most used current year forms go to Individual Income Tax Alabama Department of Revenue. For additional forms, including prior year forms, go to . You can filter by year and category or search for the form you need.
How Is It Calculated? The amount of the Property Transfer Tax is 1% on the first $200,000.00 of the propertys fair market value, 2% on the amount between $200,000 and $2,000,000, and 3% on the amount between $2,000,000 and $3,000,000, and 5% of the remaining fair market value.
PPT S Corps, Limited Liability Companies, and PLLCs file a PPT form for their business privilege tax. The PPT form also includes the AL-, which is used for the annual report. Both are filed with Alabamas Department of Revenue.
Payroll Preparation Tax (PPT)
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Form PPT is to be filed by Pass-through Entities only. BUSINESS PRIVILEGE TAX PAYMENT. Payment of the total tax due must be received on or before the original due date of the return. Form BPT-V must accompany all business privilege tax pay- ments, unless payments are made electronically.
On the purchase of any property in British Columbia, the purchaser must pay Property Transfer Tax (PTT) on the transaction. The PTT is calculated as follows: 1% of the taxable transactions fair market value that does not exceed $200,000. 2% of that fair market value that exceeds $200,000 but does not exceed $2,000,000
You must occupy the home you are purchasing as your principal residence within nine (9) months of the closing date; You must not have ever owned another property anywhere in the world; If you are married, your spouse must not have ever owned another property anywhere in the world during your marriage; and.

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