Did you know that the Ontario Government is considering adding a Municipal Land Transfer Tax (MLTT) in ADDITION to the Provincial Land Transfer Tax when you purchase a home.
What does this mean?!?!?
A person looking to purchase a home will pay almost DOUBLE Land Transfer Tax, which will have a HUGE impact on home purchasers which in turn will affect home sellers.
John purchases a home for $400,000
Today John would pay Provincial Land Transfer Tax: $4475.00
If Ontario adds a municipal tax, John will pay Provincial & Municipal Land Transfer Tax: $4475 + $3725 = $8200
Stand-up to this new tax grab!
Tell your local MPP to Say NO to the Municipal Land Transfer Tax, and share with your friends and family.
To learn more about the MLTT and how it will impact your family, check out the information: http://donttaxmydream.ca/facts.html