land transfer tax

land transfer tax is paid at the time of a real estate purchase as a tax to update the registry in title and government records

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    Ontario Land Transfer Tax

    ByJesus Del Rio

    Ontario Land Transfer Tax is charged to the home-buyer and applies whenever a land or an interest in land in Ontario is purchased, The applicant buyer pays the Ontario’s land transfer tax at the time of purchase, the term “land” includes any buildings, buildings to be constructed, and fixtures (such as light fixtures, built-in appliances, and cabinetry)….