by David J Rotfleisch | Aug 12, 2021 | Featured, Legal Issues
The foreign buyers tax is a property transfer tax in Ontario and British Columbia. The tax is imposed by the provincial governments under their land transfer tax statutes. It is payable in addition to the normal land transfer tax. The tax is payable by a “foreign...
by David J Rotfleisch | Jul 10, 2020 | Columnists, Featured, Legal Issues
On June 25, Canada Revenue Agency (CRA) announced that it would carry out a tax review of six years of U.S. real estate transactions in order to find any tax non-compliance from Canadian taxpayers. CRA is looking for “real estate and property data in bulk form, in...
