Transfer Tax Debate: Fannie Mae and Freddie Mac Really Are Federal Agencies

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    By Michigan RealEstateRama -

    WASHINGTON, D.C. – July 3, 2013 – (RealEstateRama) — The 6th Circuit Court of Appeals provided an answer last month to a lingering tax question impacting Michigan REALTORS® and their clients: Fannie Mae and Freddie Mac are federal agencies exempt from state and county real estate transfer taxes. This 6th Circuit ruling overturned a lower court that said two Michigan counties could collect such taxes

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