Fiscal Policy Institute Releases Analysis in Support of Proposed Pied-à-Terre Tax
For Immediate Release: March 26, 2019 Media Contact: communications@fiscalpolicy.org, 518-786-3156 Fiscal Policy Institute Releases Analysis in Support of Proposed Pied-à-Terre Tax Report and Analysis here. A PIED-À-TERRE TAX IS A TAX ON HIGH-VALUE LUXURY RESIDENTIAL PROPERTY that is not used by its owners as a primary residence. This type of tax has become increasingly common around the world as a way to ensure that wealthy non-residents pay their fair share of local taxes, and as a way to re-orient the local real estate market around housing [...]