Property Transfer Tax

ALERT – new penalties for Property Transfer Tax evasion

Tue, 08/02/2016

The Superintendent of Real Estate is warning developers that under newly introduced Property Transfer Tax legislation they would face significant fines and/or imprisonment if they provide incorrect

UDI Response: Real estate contracts signed prior to August 2nd should be exempt from new 15% additional Property Transfer Tax

Tue, 07/26/2016

Yesterday the Provincial Government announced of a large tax on foreign buyers of residential real estate While we understand why the government has decided to take this approach, we do have concer

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