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Cal-FIRPTA
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| california's version of the federal firpta. it is a tax act which became effective in 1988 and was subsequently amended in september, 2002 to become a withholding tax for residents and non-residents who sell california real estate. assembly bill 2065 requires that all sales Closing after december 31, 2002 in california withhold 3 1/3% of the sales price for certain california real property transactions. (also see: firpta)
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