947 Realty transfer tax; revised 2010 common level ratio; real estate valuation factor

DEPARTMENT
OF REVENUE

Realty Transfer Tax; Revised 2010 Common Level Ratio; Real Estate Valuation Factor

[42 Pa.B. 2866]
[Saturday, May 19, 2012]

 The following real estate valuation factor is based on sales data compiled by the State Tax Equalization Board in 2010. This factor is the mathematical reciprocal of the actual common level ratio. For Pennsylvania Realty Transfer Tax purposes, this factor is applicable for documents accepted from July 1, 2011, to June 30, 2012. The date of acceptance of a document is rebuttably presumed to be its date of execution, that is, the date specified in the body of the document as the date of the instrument (61 Pa. Code § 91.102).

County	Revised Common Level Ratio Factor
*Philadelphia	3.97

 * Adjusted by the Department of Revenue based on a State Tax Equalization Board decision effective April 21, 2012, retroactive to July 1, 2011.

DANIEL MEUSER, 
Secretary

[Pa.B. Doc. No. 12-947. Filed for public inspection May 18, 2012, 9:00 a.m.]