A transfer tax is a tax on the passing of title to property from one person (or entity) to another.
In a narrow legal sense, a transfer tax is essentially a transaction fee imposed on the transfer of title to property. This kind of tax is typically imposed where there is a legal requirement for registration of the transfer, such as transfers of real estate, shares, or bond. Examples of such taxes include some forms of stamp duty, real estate transfer tax, and levies for the formal registration of a transfer. In some jurisdictions, transfers of certain forms of property require confirmation by a notary. While notarial fees may add to the cost of the transaction, they are not a transfer tax in the strict sense of the term.
In this broader sense, estate tax, gift tax, capital gains tax, sales tax on goods (not services), and certain use taxes are all transfer taxes because they involve a tax on the transfer of title.
BBA in Management
Core courses problems
Management and leadership.
Formalization & types of structures.
Resources and processes.
Organizational balance.
People and motivation.
Knowledge and information.
Culture of organization.
Branding, marketing & organization image.
Organizational change, development & strategy.
Innovations in organizations.
Classical, contemporary, and new forms of organizing.
Identification of factors influencing organizational design.
The effectiveness analysis of various organizational structures and processes, e.g., culture, change, conflict and power.
Corporate governance – theory & practice.
Product life cycle in organization.
Contemporary and future organization forms.
Allocation of scarce resources.
Market equilibrium altering and price setting.
Use of supply-and-demand model.
Sensitivity of demanded and supplied quantities to price.
Consumer choice & preferences.
Applications of consumer theory.
Budget constraint and demand curves shifting.
Effects of price change.
Optimal technological substitution.
Productivity factors changing production function.
Competition models.
Monopoly model & profit maximization.
Welfare effects of monopoly.
Oligopoly and monopolistic competition.
Monopolistic models of competition.
Interest rates, investments, capital markets and uncertainty.