Land Transfer Tax and the Treatment of Unregistered Dispositions of a Beneficial Interest in Land 6 April 2022

A similar situation results without the assistance of subsection 3(12) in the case of corporations which amalgamate through statutory...

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A and B execute an agreement in which A agrees to sell and B agrees to buy an interest in land. Completion is scheduled for 60 days following the...

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Clause (c) involves cases in which the beneficial interest in the land leaves the corporate circle of affiliated corporations and is acquired by...

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All tax deferred is required to be secured notwithstanding that there may be several successive deferrals within the same corporate circle.

In the...

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S. 3 tax not triggered until consideration paid

Completion of a transaction occurs when the value of the consideration called for in the agreement...

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Option in lease

Although leases with a term of less than 50 years are not subject to tax, the granting of an option, contained in such a lease,...

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Registration within 30 days generally voids s. 3 tax

The Act provides at clause 3(5)(a) that, if there is a disposition of a beneficial interest...

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5% exemption applied based on accounting profit percentage

Partner's Interest

For purposes of O. Reg. 70/91 the determination of the interest of a...

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