Bulletin: PA2010006

Dear Associates:

The Department of Revenue recently revised the form REV-183, Realty Transfer Tax Statement of Value, used to claim exemption from realty transfer tax and/or report full consideration for tax payment when nominal consideration is shown on a deed.

The revised REV-183 is attached and is now available in PDF and fill-in format at www.revenue.state.pa.us. It can be distinguished from prior versions of the form by the following changes:

1. The revised form draws greater attention to Section C, Date of Acceptance of Document, where the taxpayer is to enter the delivery date immediately to the right of the emboldened section header.
   
   
2. The revised form features an aditional YES/NO question in Section E clarifying whether the transfer was part of an assignment or relocation.
   
   
3. The revised form includes a new exemption category in Section F for transfer from a trust, and it requires the taxpayer to provide the date of transfer into trust and attach a copy of the trust document and amendment if the trust was amended since the date of transfer.
   

Realty Transfer Tax Statement of Value (CLICK TO VIEW)

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