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What is the Transfer Tax or Welcome Tax in Quebec?
The transfer tax is a tax on buyers in Québec since 1992. It’s commonly called Taxe de Bienvenue or Welcome Tax.
This tax is taken by municipalities during the purchase of a property. It’s a one-time payment.
It is calculated from the highest amount between the price of sale, the price written on the transfer act or the value attributed by municipal evaluation.
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