Arlington Grantors Tax Effective July 1, 2013

Arlington Grantors Tax Effective July 1, 2013

Currently, there’s an Arlington Grantors Tax on the sale of all residential property. The current rate is $1 per $1,000 sale price. Effective July 1, 2013, the new tax rate will be $2.50 per $1,000 sale price. This new rate will be charged in the counties of Arlington, Fairfax, Prince Williams Loudoun, and the Cities of Alexandria and Falls Church.

Current vs. New Arlington Grantors Tax Rate

Before July 1:

Sale of $600,000 will cost you $600 in Grantors Tax

After July 1:

Sale of $600,000 will cost you $1,500 in Grantors Tax