Court Says Domestic Patners Etitled To Property Tax Breaks

A state appeals court in Sacramento says domestic partners are entitled to the same tax breaks as married couples when they transfer ownership of property from one to the other.

A three-judge panel of the 3rd District Court of Appeal ruled unanimously today that domestic partners are exempt from provisions
of Proposition 13 that can allow significant increases in taxes when there is a change of ownership in a home or other property.

The ruling upheld a law that exempts domestic partners from change-of-ownership tax increases when they transfer property between themselves, often when one of the partners dies.

Married couples have the same protection.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 10190126 - kolotv.com/a?a=10190126
Gray Television, Inc.