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Government Announces Provincial LTT Changes

Wednesday Mar 29th, 2017

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November 14, 2016 -- The provincial government has announced significant changes to the Provincial Land Transfer Tax (PLTT), including a doubling of the rebate available to first-time home buyers, bringing it in line with the City of Toronto's rebate, and an increase in the PLTT paid on the portion of the price of properties over $2,000,000 to help pay for the increase in the first-time buyer rebate.  The provincial government is proposing to double the maximum rebate... [read more]

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