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住宅物业土地转换税的计算方法(Land Transfer Tax Calculation - Residential)

To calculate the total LTT payable for residential properties, add the following together:

0.5% on the first $55,000

plus 1.0% of the amount from $55,001 to $250,000

plus 1.5% of the amount in excess of $250,001 to $400,000

plus 2.0% of the amount in excess of $400,000

OR use the following table:

If the purchase price falls within this range, then apply formula to purchase price (e.g. on a $175,000 home (.01 X 175,000) minus 275=LTT) For additional information please contact the Ontario Ministry of Finance (Mr. Ron Hogan 416-325-2175).

For examples:

(2004-04-08)

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