The charge levied by the government on the sale of shares of stock. A charge imposed by the federal and state governments upon the passing of title to real property or a valuable interest in such property, or on the transfer of a decedent's estate by inheritance, devise, or bequest.
The states also impose transfer tax on deeds used to convey real property.
"Transfer Tax." West's Encyclopedia of American Law. . Encyclopedia.com. (January 18, 2019). https://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/transfer-tax
"Transfer Tax." West's Encyclopedia of American Law. . Retrieved January 18, 2019 from Encyclopedia.com: https://www.encyclopedia.com/law/encyclopedias-almanacs-transcripts-and-maps/transfer-tax