Welcome Tax

Welcome Tax


Calculate the Transfer Tax (Bienvenue) in Quebec

 

In Quebec, since 1992, the real estate transfer tax is a tax on buyers, commonly called taxe de Bienvenue, or welcome tax (after the recommandation of previous minister Jean Bienvenue, which would translate to John Welcome), taken by municipalities during the purchase of property. It’s non recurring. This tax is part of a group of property taxes that helps finance a city’s expenses.

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.

The tax amount is calculated as follows:

 

 

Taxation Base Taxation Rate
$0 – $50,000 0.5%
$50,000 – $250,000 1%
$250,000 – $500,000 1.5%
Over $500,000 2%

 

You should be getting your Welcome Tax Bill in the mail 30-60days after signing at the notary’s office!

Example #1 Sales price:  $ 150,000 

 

.005 x $ 50,000 =

$ 250

.01 x $ 100,000 =

$ 1,000

Transfer tax

$ 1,250

 

Example # 2 Sales price:  $ 300,000  

 

.005 x $ 50,000 =

$ 250

.01 x $ 200,000 =

$ 2,000

 .015 x $ 50,000 =

$ 750

Transfer tax

$ 3,000

 

 

Example #3  Sales price Transfer tax
$ 100,000 $ 750
$ 150,000 $ 1,250
$ 200,000 $ 1,750
$ 250,000 $ 2,250
$ 300,000 $ 3,000
$ 350,000 $ 3,750

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