Get Fin 530, Property Transfer Tax Return - Ltsa

General property transfer tax applies for all taxable transactions: 1% of the fair market value up to and including $200,000. 2% of the fair market value greater than $200,000 and up to and including $2,000,000. 3% of the fair market value greater than $2,000,000.

Toronto Land Transfer Tax Rebate Citizen of Canada or Canadian Permanent Resident. At least 18 years of age. Occupy the home personally within 9 months of its purchase. Never owned a home. Your spouse (if applicable) can never have owned a home as long as they have been your spouse.

250-387-0555. Toll free 1-888-355-2700.

Pay your property transfer tax notice of assessment Through your bank or financial institution. By mail. At a government office.

Effective April 1, 2013, BC's 12% HST was replaced by the GST and the PST. If you can't get the information you need by reviewing the available bulletins and brochures on the BC Small Business and Revenue Provincial Sales Tax web site, you can telephone the Taxpayer Services information line at 1-877-388-4440.

For any questions on completing the Property Transfer Tax form, please contact the Ministry of Finance Property Transfer Tax Helpline at 236-478-1593 or 1-888 841-0090 (toll free within BC).

When you purchase or gain an interest in property that is registered at the Land Title Office, you or your legal professional must file a property transfer tax return and you must pay property transfer tax, unless you qualify for an exemption.

The exemptions include, but are not limited to: certain transfers between spouses. certain transfers from an individual to his or her family business corporation. certain transfers of farmed land between family members.