Brusniak Turner Fine Updates 12/11/2020

CANADA

Vancouver property taxes will be hiked the maximum amount recommended in 2021  CTV News Vancouver  VANCOUVER -- Homeowners in B.C.'s most populous city will be paying more for property taxes in the coming year. The City of Vancouver approved ...

NATIONAL

Ranking Property Taxes on the 2021 State Business Tax Climate Index  Tax Foundation  States that levy such taxes—including capital stock taxes, inventory and intangible property taxes, andestate, inheritance, gift, and real estate transfer ...

CALIFORNIA

US home prices hit records in California  AXIOS Middle-income housing across America — particularly in big coastal cities — is growing scarcer than ever, as the wealthy bid up properties that might once have been considered "affordable."

CONNECTICUT

Want to fix inequities in school funding? Top legislators say property tax reform solves the problem.  The CT Mirror  Property taxes account for 56% of all K-12 revenue in the state – putting Connecticut in second place nationally for relying on local property taxes, ...

ILLINOIS

Pappas: Areas high in delinquent property taxes lose residents, pay larger tax increases and have ...  PRNewswire  The top 16 suburbs with the most properties offered at the Scavenger Sale also lost population. In those suburbs, taxes rose 183% on properties offered ...

INDIANA

Tax Court affirms, remands in real property dispute over Hobart shopping mall  Indiana Lawyer  The assessor presented testimony of Mark Kenney, who prepared the appraisal. Similarly, the mall offered testimony from David Lennhoff, who prepared ...

PENNSYLVANIA

Philadelphia sites selling at torrid pace as developers bank on city's post-pandemic rebound Philadelphia Business Journal It's now proposed that the reduction in the abatement, which benefits developers, could begin in 2024 along with a new construction tax. The changes ...