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§ 8102-C. Imposition of tax

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: January 1, 2014

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 5. Tax Reform Code of 1971
Article XI-C. Realty Transfer Tax (Refs & Annos)
Effective: January 1, 2014
72 P.S. § 8102-C
§ 8102-C. Imposition of tax
Every person who makes, executes, delivers, accepts or presents for recording any document or in whose behalf any document is made, executed, delivered, accepted or presented for recording, shall be subject to pay for and in respect to the transaction or any part thereof, or for or in respect of the vellum parchment or paper upon which such document is written or printed, a State tax at the rate of one per cent of the value of the real estate within this Commonwealth represented by such document, which State tax shall be payable at the earlier of the time the document is presented for recording or within thirty days of acceptance of such document or within thirty days of becoming an acquired company.

Credits

1971, March 4, P.L. 6, No. 2, art. XI-C, § 1102-C, added 1981, May 5, P.L. 36, No. 14, § 4, imd. effective. Amended 1986, July 2, P.L. 318, No. 77, § 9, imd. effective; 2013, July 9, P.L. 270, No. 52, § 25, effective Jan. 1, 2014.
HISTORICAL AND STATUTORY NOTES
Act 2013-52 legislation
Act 2013-52, § 25, inserted “within this Commonwealth”.
Act 2015-58 legislation
Section 2 of 2015, Nov. 4, P.L. 222, No. 58, effective in 90 days [Feb. 2, 2016], provides that “[t]he General Assembly does not intend, by enacting the addition of section 406-D(c) of the act [35 P.S. § 1680.406d(c)], to increase the rate of the tax imposed under section 1102-C of the act of March 4, 1971 (P.L. 6, No. 2) [72 P.S. § 8102-C], known as the Tax Reform Code of 1971.”
72 P.S. § 8102-C, PA ST 72 P.S. § 8102-C
Current through 2017 Regular Session Act 32
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