• Florida Legislature Passes Bill To Eliminate Avoidance of Documentary Stamp Taxes on Real Property Transfer
  • September 9, 2009 | Author: Martin A. Schwartz
  • Law Firm: Bilzin Sumberg Baena Price & Axelrod LLP - Miami Office
  • On May 1, 2009, the Florida Legislature passed Senate Bill 2430 with the intention of eliminating certain techniques used for the avoidance of documentary stamp taxes on transfers of real property, which were based on the 2005 Florida Supreme Court case, Crescent Miami Center, LLC v. Florida Department of Revenue ("Crescent").