Some person(s) do not pay land transfer tax on certain transfers of land. The exemptions include:
certain transfers between spouses
certain transfers from an individual to his or her family business corporation
certain transfers of farmed land between family members
certain transfers of a life lease from a non-profit organization or a charity.
A deferral of land transfer tax may be available when land is transferred between affiliated corporations, and notice of the transfer is not registered on title.
certain transfers between spouses
certain transfers from an individual to his or her family business corporation
certain transfers of farmed land between family members
certain transfers of a life lease from a non-profit organization or a charity.
A deferral of land transfer tax may be available when land is transferred between affiliated corporations, and notice of the transfer is not registered on title.