Meiou and taxes 2.5

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Securities brokers and dealers may pay stock transfer tax through a clearing corporation or other authorized agent without the use of tax stamps.Ĭertain transfers are exempt from tax if accompanied by a proper exemption certificate. For more information see, TSB-M-82(6)M Stock Transfer Tax Rebate Program Stamp Users. Taxpayers who pay stock transfer tax through the purchase of stamps can obtain a 100% rebate of the tax paid by filing a claim with the Tax Department. canceling the tax stamps so they can't be used again.affixing them to the bill of sale or stock certificate surrendered and then.Taxpayers other than securities brokers and dealers can pay the tax in the following way: Transfers of stock or certificates of interest other than by sale Sale at $10 or more but less than $20 per share

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Sale at $5 or more but less than $10 per share

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Sale or agreement to sell at less than $5 per share The stock transfer tax is imposed on the sale or transfer of any of the following that occur within New York State: