A rush by commercial real estate investors to complete their deals before a new excise tax took effect in Washington, D.C., helped new owners save millions, and in turn gave the city a surprise spike in revenue to end its fiscal year, a new report shows.
DC Wrings Out Additional $50 Million in Tax Revenue From September Sales Spike
Commercial Real Estate Buyers Looking to Beat Oct 1. Tax Hike Deadline Drove Increase, Report Shows
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