Droit Ouimet-McPherson LawOttawa, ON · July 20, 2024How Ontario’s Non-Resident Speculation Tax Affects You…
Over the past ten years, Ontario’s real estate market—especially in cities—has seen notable price rises. The Ontario government instituted the Non-Resident Speculation Tax (NRST) to solve affordability problems and reduce speculative buying by non-residents. This blog entry will clearly explain the NRST together with the applicable requirements and exceptions. Calculate the non-resident speculation tax The...
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