TAX QUESTIONS? YOU ASK LAH!

Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!


Q: Do I need to pay stamp duty if I buy my first property?

A: Purchase of a property is subject to stamp duty, to be paid by the purchaser. However, a first time residential property buyer may qualify for stamp duty exemption, subject to conditions being fulfilled. 


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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