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#18635 - 05/24/02 01:23 PM FL Document Stamp Tax
JSD Offline
Platinum Poster
JSD
Joined: Oct 2000
Posts: 512
USA
Does any one know about this Florida Law?
We need to understand how Reg Z treats tax collection - is it part of APR, considered a prepaid...?
Any assistance is appreciated since the bank's footprint is growing into a new territory and guidance is needed.

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#18636 - 06/13/02 03:22 PM Re: FL Document Stamp Tax
shreddic Offline
New Poster
shreddic
Joined: Jun 2002
Posts: 11
Florida
Janet, Doc Stamps and Intangbile Taxes are not finance charges, they are excluded see Reg Z commentary 226.4(a)1iA.


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