File Your Property Transfer Tax

When you register an interest in a property you must:

  1. File your tax return(s)
  2. Pay all property transfer tax

The tax return(s) and payment must be submitted together at the Land Title Office. In most cases, property transfers are completed by a legal professional.

File Your Tax Returns

You must file a Property Transfer Tax Return and sign the certification portion of the return when you register an interest in a property.

If you are a foreign national, foreign corporation or taxable trustee required to pay the additional property transfer tax, you must also file the Additional Property Transfer Tax Return (FIN 532) (PDF) with the Property Transfer Tax Return. If you are a foreign national, foreign corporation or taxable trustee purchasing property in one of these specified areas, you must file an additional property transfer tax return, even if you qualify for an exemption.

If you are required to pay the further 2% tax on residential property over $3,000,000, you must complete the PTT Calculator for Residential Properties over $3,000,000 (FIN 536) (PDF) and submit it with the Property Transfer Tax Return.

If your legal professional is filing on your behalf, they will already have access to the Property Transfer Tax Return.

If you are not using a legal professional to file on your behalf, complete the Manual Property Transfer Tax Return (FIN 579) (PDF) and submit the return to the Land Title Office together with your payment.

Refer to the Property Transfer Tax Return Guide to learn how to complete the Property Transfer Tax Return.

Tax Avoidance, Penalties and Offences

All property transfer transactions are subject to audit and all additional property transfer tax returns will be reviewed and verified. The audit period is six years from the date the transfer is registered with the Land Title Office.

Anti-avoidance provisions exist and will be enforced to ensure all property purchasers report and pay the correct amount of property transfer tax and/or the additional property transfer tax, including examining circumstances where Canadians, as taxable trustees, hold property in trust for a foreign entity or are trustees where a beneficiary may be a foreign entity.

Failure to pay the tax as required or purposely completing the property transfer tax return or the additional property transfer tax return with incorrect or misleading information may result in a penalty. These penalties may include double the tax, tax plus interest, a fine of $200,000 for corporations or $100,000 for individuals and/or up to two years in prison. The penalties apply to anyone who participates in tax avoidance.

Pay Your Taxes

When you register a property transfer, you must pay property transfer tax unless you qualify for an exemption.

You must also pay the additional property transfer tax, if applicable. Each transferee is jointly and severally liable for any additional property transfer tax payable. If you do not pay the additional tax, the other transferees are required to pay your share.

If you do not pay the taxes on the date the transfer is registered, the Registrar of Land Titles may refuse to register your property transfer.