Division of Administrative Hearings, Florida
Latest Update: Mar. 10, 1977
Validity of assessment of documentary stamp tax and penalty against petitioners pursuant to Chapter 201, F.S. At the hearing, upon stipulation of the parties, F & P Enterprises, Inc., was dismissed as a party. The parties entered into a partial stipulation of facts which was accepted by the Hearing Officer (Petitioner's Exhibit 1).Transfer of realty is not liable for documentary stamp tax where it was for nominal consideration not subject to mortgage/debt.
