Legal Opinion
Director of Revenue v. Barry
Superior Court of Delaware
Decided August 7, 1978PublishedCited by 4 opinions
1Opinion of the Court
TAYLOR, Judge.
The issue here is whether the Delaware Realty Transfer Tax is required to be paid with respect to an assignment of a lease covering single family residential property in Rehoboth Beach in which the lease covers a period of forty-six years. The transaction occurred on October 7,1976 and the consideration paid was $55,000. The determination of the Director of Revenue assessing the Real Estate Transfer Tax was appealed to the Board which decided that the transaction was not subject to the Realty Transfer Tax. This is an appeal from the Board’s decision. The function of this appeal…
2Cases cited4 opinions
- Commonwealth v. Willson Products, Inc.Supreme Court of Pennsylvania · 1963
- Monbar, Inc. v. MonaghanCourt of Chancery of Delaware · 1932
- State Tax Commissioner v. Wilmington Trust Co.Superior Court of Delaware · 1968
- Wilmington Suburban Water Corp. v. Board of Assessment for New Castle CountySupreme Court of Delaware · 1973
3Cited by4 opinions
- CCA Partnership v. Director of Revenue, State of Delaware (In Re CCA Partnership)United States Bankruptcy Court, D. Delaware · 1987
- Director of Revenue, Delaware v. CCA Partnership (In Re CCA Partnership)District Court, D. Delaware · 1987
- Porter v. HollanderDistrict Court, D. Delaware · 1980
- Ocean Harbor Associates v. Director of RevenueSupreme Court of Delaware · 1989