27 Apr '13, 7pm

London has lowest annual cost of property occupation (council tax) vs NY, HK, Singapore that have annual property tax

Annual property taxes and selling costs, however, somewhat level the playing field, he says. The cost of selling a $15.26 million property in New York, at $1.13 million, is more than 12 times the cost to sell in London. For an apartment valued at $15.26 million, property taxes in New York could run a buyer $1.43 million over five years, compared with just $16,470 in London. However, many newer buildings in New York have received tax abatements, which significantly lower what owners pay in property taxes. In addition, in many new buildings, developers often pass the selling costs on to buyers.

Full article: http://online.wsj.com/article/SB1000142412788732423530457...

Tweets

Ready to buy a $15 million home? See transactio...

online.wsj.com 27 Apr '13, 6pm

What does it cost to buy, sell and live in four of the world’s prime real estate capitals? Candace Jackson joins Lunch Bre...

Michigan Jumps On The 'Tax Electric Cars' Bandwagon, Too

Michigan Jumps On The 'Tax Electric Cars' Bandw...

greencarreports.com 25 Apr '13, 6pm

Why tax electric cars for not using gas? The current tax-at the-pump is outdated due to so many more fuel options today, v...

Canada to tax Bitcoin transactions

Canada to tax Bitcoin transactions

rt.com 27 Apr '13, 10am

Canada to tax Bitcoin transactions - TV Get short URL Published time: April 27, 2013 10:39 Tweet Share on Tumblr Tags Curr...

New: Singapore Property News This Week #100

propwise.sg 25 Apr '13, 2pm

Singapore Property News This Week #100 April 25, 2013 Residential 6 freehold units at 8 Nassim Hill up for bulk sale The s...

Apple annual developers conference set for June - The Straits Times - Straits Times #AppleNews

Apple annual developers conference set for June...

straitstimes.com 24 Apr '13, 10pm

The Apple logo hangs inside the glass entrance to the Apple Store on 5th Avenue in New York City, in this April 4, 2013, f...

Reading: New blog - It doesn’t cost the earth b...

ukgbc.org 26 Apr '13, 2pm

Buying things is all about making choices, working out whether what you need is the same as what you want and balancing th...

#Singapore buyers splash cash on student proper...

propertyguru.com.sg 23 Apr '13, 1am

Singapore property buyers and investors were continuing to snap up student property investments at the latest property exh...

Revenue Canada says BitCoins aren't tax exempt

cbc.ca 26 Apr '13, 9pm

Just in time for tax season, the Canada Revenue Agency says the users of Bitcoins will have to pay tax on transactions in ...

Revenue Canada says BitCoins aren't tax exempt

cbc.ca 26 Apr '13, 9pm

Just in time for tax season, the Canada Revenue Agency says the users of Bitcoins will have to pay tax on transactions in ...

Annual Renewable Energy Investment Set To Sky-rocket By 2030

Annual Renewable Energy Investment Set To Sky-r...

cleantechnica.com 25 Apr '13, 8am

From this model came three separate scenarios: “New Normal”, “Barrier Busting” and “Traditional Territory”. Of the three, ...

Eric Schmidt on Google's UK Tax Record: 'We Ful...

searchenginewatch.com 22 Apr '13, 3pm

Google Executive Chairman Eric Schmidt has defended the firm’s UK tax payments, claiming it operates within the law and is...

Report: New CA bill would tax EV as a "comparab...

green.autoblog.com 25 Apr '13, 2pm

The California legislature may do what the feds have been unable to do – create a permanent tax credit for buyers of super...

CEA "aware" of under-the-radar property sales #PR

propertyguru.com.sg 24 Apr '13, 5am

More than two years after the formation of the Council for Estate Agencies (CEA) with the aim of regulating the buying and...

IRS Confirms that Batteries Qualify for the Ene...

renewableenergyworld.com 19 Apr '13, 2pm

In PLR 201308005 , the taxpayer was a large solar developer that designed, financed, and installed residential and commerc...

IRS Confirms that Batteries Qualify for the Ene...

renewableenergyworld.com 19 Apr '13, 2pm

In PLR 201308005 , the taxpayer was a large solar developer that designed, financed, and installed residential and commerc...