Documentary Transfer Tax cases often involve whether or not the DTT can be charged when a corporate change in control occurs. Some cities and counties have amended their DTT ordinances to try to impose the DTT on such corporate changes in control even though historically the DTT was only imposed for the privilege of recording documents – hence the name “documentary transfer tax.”
Our Firm has successfully represented several clients in challenging their DTT assessments. Success in these matters has, in some cases, caused the city to cancel the DTT assessment and, in other cases has reduced the amount of the assessment by well over 50%. Of course, every case is different and should be evaluated on its own basis. An initial consultation will normally help the property owner decide whether or not they should challenge their DTT assessment.