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AGO Opinions with Topic: SALE, CONSIDERATION
AGO 1954 No. 288 >  July 23, 1954
TAXATION - 1% REAL ESTATE EXCISE TAX - SALE, CONSIDERATION
TAXATION ‑- 1 PERCENT REAL ESTATE EXCISE TAX ‑- SALE, CONSIDERATION Transfer of lot by owner to contractor, with subsidiary agreement to reconvey after contractor builds home, constitutes two taxable transactions under 1% real estate excise sales tax.
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