As of March 30, 2022, the Non-Resident Speculation Tax (NRST) rate is 20 per cent, and applies to residential property purchases which contain at least one and not more than six single family residences. The tax applies to anywhere in Ontario if one of the purchasers is a foreign national, a foreign corporation, or a […]
Foreign-Homebuyer Tax Update (NRST Tax) Read More »
Foreign Homebuyers Tax Rebate Some purchasers who are subject to the Foreign Homebuyers Tax in Ontario (formally known as the Non-Resident Speculation Tax Rebate) are eligible to apply for a rebate of this tax. The rules surrounding applying for a Foreign Homebuyers Tax Rebate can be technical. There are three distinct rebate categories: (1) Rebate
Foreign Homebuyers Tax Rebate Read More »
Hi All, Welcome to the launch of the TrevorKLaw website! I have been operating my law practice since October 2019, and it is exciting to be launching a website. The purpose of this blog page is to provide brief articles with updates on the various areas of the law that I deal with on a
Welcome to the TrevorKLaw website! Read More »