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ARTICLE · 18 APRIL 2016

Demystifying The "Welcome Tax"

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All municipalities in Quebec impose a transfer duty, commonly referred to as the "Welcome Tax", on real estate acquisitions (subject to certain exemptions and exclusions).

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Langlois Lawyers LLP
Langlois Lawyers LLP
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All municipalities in Quebec impose a transfer duty, commonly referred to as the "Welcome Tax", on real estate acquisitions (subject to certain exemptions and exclusions). It is thus important to understand the nature of this duty in order to identify its impacts and plan your real estate transactions accordingly.

This duty is not called a "Welcome Tax" for hospitality reasons, but because the Minister of Municipal Affairs who instituted it was named Jean Bienvenue ("bienvenue" means "welcome" in English).

The collection of real estate transfer taxes by Quebec municipalities has been obligatory since 1992. The applicable statutory framework is comprised of the Act respecting Duties on Transfers of Immovables and the Act respecting Municipal Taxation.

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