Steidle v. Commonwealth

SMITH, Judge.

Petitioner Lloyd H. Steidle, Jr. has filed exceptions to the order and opinion of this Court filed July 7, 1997 affirming the order of the Board of Finance and Revenue which upheld the assessment of the Department of Revenue (Department) of a 1% real estate transfer tax on a contingent property interest that was transferred from Steidle to his two stepchildren. Steidle questions the Court’s conclusion that transfers of real estate from a property owner to his or her stepchildren are not exempt from the transfer tax.

The parties have stipulated to the following facts. On September…