French tax

Journal: 2007 Nevada Tax Change Reduced Cost of Real Estate Transactions | app

LAS VEGAS (AP) β€” In 2007, shortly before the frantic implosion of the Las Vegas real estate market, Nevada lawmakers approved a seemingly minor tax law change.

According to a Las Vegas Review-Journal investigation, the change allowed landowners to use a range of entities when transferring real estate to an affiliate to exempt those transactions from property transfer taxes.

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