NOTICE

EXCISE TAX INCREASE

Effective July 1, 2009, as a result of a vote of the Barnstable County Commissioners and the Barnstable County Assembly of Delegates, Barnstable County’s portion of the Deeds Excise Tax will increase from the rate of $1.14 per $500.00 of value to $1.35 per $500.00 of value. 

Therefore, as of July 1, 2009 the combined State and County Deeds Excise Tax rate in Barnstable County per $500.00 of stated consideration is $3.06.

As of July 1, 2009 the combined State and County Deeds Excise Tax rate in Barnstable County per $1,000.00 of stated consideration is $6.12.

To calculate the tax, multiply the stated consideration for the deed by .00612. If the stated consideration does not end in an even $500.00 or $1,000.00 round the consideration up to the next $500.00 and then calculate the tax. For example: If the sales price is $30,100.00 you must round up to $30,500.00 and then multiply by .00612 to calculate the tax. If the sales price is $30,600.00 then round up to $31,000.00 and then multiply by .00612 to calculate the tax. Deeds for a value of $100.00 or less are not subject to an excise tax.