™Your Policy Risk Impact Agent
61 chapters · 1,419 sections in this title.
D.C. Code § 47-901 Definitions
2.5K chars
When used in this chapter, unless otherwise required by the context: (1) The word “District” means the geographic boundaries of the District of Columbia. (2) The word “Mayor” means the Mayor of the District of Columbia, or his or her duly authorized agents or representatives. (3)…
D.C. Code § 47-902 Enumeration of transfers exempt from tax
8.1K chars
The following transfers shall be exempt from the tax imposed by this chapter: (1) Repealed; (2) Transfers of property by the United States of America or the District of Columbia governments, unless its taxation has been authorized by Congress; (3) Transfers of real property by an…
D.C. Code § 47-903 Imposition of tax; rate; returns; liability for tax
3.6K chars
(a)(1) There is imposed on the transferor for each transfer at the time the deed is submitted to the Mayor for recordation a tax at the rate of 1.1% of the consideration paid for the transfer; provided, that: (A) If the interest in real property transferred is a lease or ground r…
D.C. Code § 47-904 Consideration; basis for computation of tax
0.7K chars
Where no price or amount is paid or required to be paid for real property or where such price or amount is nominal, the consideration for the deed to such property, shall, for purposes of the tax imposed by this chapter, be construed to be the fair market value of the real proper…
