Foreign-Homebuyer Tax Update (NRST Tax)

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 […]

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