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The Government of Canada recently released its COVID-19 Economic Response Plan pursuant to which a number of economic measures will be implemented during the COVID-19 outbreak.

The Appeal Deadline for non-Residential properties for the 2017 taxation year is MARCH 31, 2017.

The Assessment Appeal Deadline for non-Residential properties for the 2019 taxation year is April 1, 2019 (March 31st falls on a Sunday this year).

PROVINCE EXPANDS COVID-19 PROPERTY TAX RELIEF TO SHOPPING MALL OWNERS (and other businesses) in LOCKDOWN AREAS:

Further to our November 17, 2020 "Municipal Tax Law Update: COVID-19 Property Tax Relief for Eligible Businesses", an update was made to the Ontario Government's website on...

If passed, the Bill will increase land transfer tax (LTT) rates for certain properties, effective January 1, 2017.

On November 14, 2016, the Government of Ontario announced, among other changes affecting the Land Transfer Tax Act, that it will be raising the LTT rates, effective January 1, 2017.

Further to our November 17, 2020 "Municipal Tax Law Update: COVID-19 Property Tax Relief for Eligible Businesses", an update was made to the Ontario Government's website on December 1, 2020, expanding the COVID-19 ...

BC's Property Transfer Tax Act ("PTTA") currently taxes only registered transfers of realty. In other words, it essentially taxes transfers of legal ownership ...

On December 8, 2016 Bill 70 was passed by the Ontario Legislature and received Royal Assent.

Without a doubt, municipal and school taxes are a significant annual expense for every taxpayer.

The Greater Golden Horseshoe (GGH) has implemented a Non-Resident Speculation Tax (NRST) of 15 per cent on the purchase or acquisition of an interest in a residential property location in the GGH by individuals who are not citizens or permanent residents of Canada or by foreign corporations and taxable trustees.

The owners argued that the City should not be allowed to rely on the Late Disclosure given that the City did not provide the Late Disclosure in its response to the Request.

The estates of high net-worth individuals often cross borders. They might reside in one country, with assets in that country and elsewhere, and possibly family members residing are in other countries for work, education, or lifestyle reasons.

Effective February 21, 2018, a further tax rate of 2% is applied to the fair market value of the residential component of a taxable transaction that exceeds a threshold of $3 million.

On February 16, 2016, B.C. Finance Minister Mike De Jong delivered the B.C. budget for the 2016/2017 fiscal year starting April 1.

On March 15, 2017, the BC Government issued Order In Council 152/17, which creates a retroactive exemption from the 15 percent Foreign Entity Tax for foreign nationals applying for permanent residency under BC's Provincial Nominee Program, . . .