Transfer tax

Town of Mount-Royal

Calculation of transfer tax (welcome tax) in Town of Mount-Royal

 

Parts of the basis of imposition and corresponding tax rates starting January 1, 2019
For the section of the tax base:

  • That does not exceed $50,900, the rate is 0.5%;
  • That exceeds $50,900 but does not exceed $254,400, the rate is 1%;
  • That exceeds $254,400 but does not exceed $500,000, the rate is 1.5%.
  • That exceeds $500,000 but does not exceed $1,000,000, the rate is 2%.
  • That exceeds $1,000,000, the rate is 2.5%.

City of Montreal

Calculation of transfer tax (welcome tax) in the city of Montreal

Rate per bracket - 2019 fiscal year :

  • Which does not exceed $50,900, the rate is 0.5%;
  • Which is in excess of $50,900 but does not exceed $254,400, the rate is 1.0%
  • Which is in excess of  $254,400 but does not exceed $508,700, the rate is 1.5%
  • Which is in excess of  $508,700 but does not exceed $1,017,400, the rate is 2.0%
  • Which exceeds $1,017,400, the rate is 2.50%