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Intangible Tax

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Intangible Tax
A tax imposed on an intangible asset. For example, an intangible tax may be levied on a brand or a stock. Intangible taxes can be difficult to assess because of the difficulties inherent in valuing intangible assets. In the United States, intangible taxes are imposed at the state and local levels.

intangible tax
A tax imposed by some states or local governments on the value of intangible assets such as stocks, bonds, money market funds, and bank account balances.


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Mortgage Intangible Tax You should also be prepared to pay a certain amount of intangible tax.
39 to pay for the mortgage documents and intangible tax on a mortgage and security agreement in the sale of a Miami property.
1949), the court found a mandamus action seeking recovery of intangible tax inappropriate because Tampa Electric failed to meet the one-year repose period.
 
 
 
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