One of the changes in Real Estate law in 2022 is that all assignment agreements entered into after MAY 6, 2022, will be subjected to the 13% HST in Ontario. The 2022 Federal Budget includes an amendment to the Part IX of
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Effective October 25, 2022, the NRST rate is 25%. The NRST, Non-Resident Speculation Tax applies on the purchase or acquisition of an interest in residential property located in ANYWHERE in Ontario by individuals who are foreign nations or by foreign corporations or taxable trustees. External
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