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Bradenton Herald on MSN1d
‘Taylor Swift Tax’ Targets Million-Dollar Vacant Homes
Rhode Island lawmakers have introduced the “Taylor Swift Tax,” targeting luxury second homes worth over $1 million that are ...
As much as Taylor Swift would like to sh-sh-shake-it off, if the state of Rhode Island has its way, she and other vacation homeowners who live in their pricey residences part-time will be hit with ...
Rhode Island lawmakers want to tax luxury homeowners who spend less than half the year in their second homes in the state a hefty surcharge.
Rhode Island’s wealthy seasonal homeowners, including Taylor Swift, are at the center of a heated controversy over a new tax.
Taylor Swift soon may be required to pay a hefty amount of taxes on her New England home, which is undergoing renovations, if a proposed tax act in Rhode Island goes through.. Earlier this month ...
Taylor Swift soon may be required to pay a hefty amount of taxes on her New England home, which is undergoing renovations, if a proposed tax act in Rhode Island goes through. If passed, the act ...
How Is The ‘Taylor Swift Tax’ Calculated? Known officially as the non-owner-occupied tax, it is calculated at a rate of $2.50 for every $500 of assessed value above the first million, which ...
Rhode Island is reviving its “Taylor Swift Tax”—a bold proposal that would hit luxury second homes with steep new surcharges. The measure targets non-owner-occupied properties worth more ...
Swift purchased her Rhode Island mansion for about $17 million in 2013. Zillow lists the property’s current value at $28 million, so that would work out to a tax of about $135,000 a year.
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