Client AlertsCommercial FinanceReal EstateMassachusetts Proposes Withholding Tax on High-Value Real Estate Transactions by Non-Resident Sellers
By Allison Fleet and Kelley J. Decena The Massachusetts Department of Revenue (“DOR”) has proposed a new regulation, 830 CMR 62B.2.4, which introduces a significant change to the taxation of real estate transactions within the Commonwealth by non-resident sellers. The regulation mandates a withholding tax on the sale or transfer of Massachusetts real estate by...


