Common use of Property Purchase Tax Clause in Contracts

Property Purchase Tax. An employee who relocates at the Employer's request or after winning a job posting and who is required to sell his/her private dwelling house at the existing location and purchase a private dwelling house in the new location will be entitled to claim net property purchase tax paid on the private dwelling to a maximum of one thousand dollars ($1000). The property purchase tax may only be claimed on a private dwelling house purchased within six (6) months of the effective date of the relocation.

Property Purchase Tax. An employee who relocates at the Employer's request or after winning a job posting and who is required to sell his/her their private dwelling house at the existing location and purchase a private dwelling house in the new location will be entitled to claim net property purchase tax paid on the private dwelling to a maximum of one thousand dollars ($10001,000). The property purchase tax may only be claimed on a private dwelling house purchased within six (6) months of the effective date of the relocation.

Property Purchase Tax. An employee who relocates at the Employer's request or after winning a job posting and who is required to sell his/her private dwelling house at the existing location and purchase a private dwelling house in the new location will be entitled to claim net property purchase tax paid on the private dwelling to a maximum of one thousand dollars ($10001,000). The property purchase tax may only be claimed on a private dwelling house purchased within six (6) months of the effective date of the relocation.