
First-Time Homebuyer Tax Refunds
In Ontario, purchases of land are subject to a provincial land transfer tax (and in some cases, an additional municipal land transfer tax). In an effort to keep housing at an affordable level, the Ontario government has provided a tax refund to first-time homebuyers. This post serves as an overview of Ontario’s first-time homebuyer refund...
This is a short preview. The article was written by Chu & Huang Law and the full text is on their website.