Canadian Real Estate Purchase by US/CAD Citizen, US resident

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

Moderator: Mark T Serbinski CA CPA

Post Reply
Philmb
Posts: 16
Joined: Mon Oct 18, 2010 8:36 am

Canadian Real Estate Purchase by US/CAD Citizen, US resident

Post by Philmb »

Are there any extra sales taxes charged by Canada or Ontario if I a US/CAD dual citizen, US resident, purchase a vacation property in Ontario? Sorry, I could not find a related topic already answering this question.

Thank you!
JGCA
Posts: 754
Joined: Thu Nov 18, 2010 3:05 pm
Location: Montreal, QC Canada

Post by JGCA »

NO, sales tax only applies to commercial real estate never on residential( unless it is new and eventhen no extra sales tax is charged for non reesidents) the rate now in ON is HST of 13% combined fed and prov.
JG
Philmb
Posts: 16
Joined: Mon Oct 18, 2010 8:36 am

Canadian Vacation Property

Post by Philmb »

Thank you for the insight!
Post Reply