Welcome Tax Calculator
Calculation of the amount
The transfer tax is established on the basis of the highest of the following amounts:
• the price paid for the acquisition of the building (including the value of any property given in exchange by the buyer).
• the sale price recorded in the transfer deed.
• the market value of the immovable at the time of its transfer, which corresponds to: its property value recorded on the property assessment roll x the year in which the transfer is made.
The transfer tax is then calculated on this amount by applying, for the 2025 financial year, the following rates:
• 0.5% on the first $61,500;
• 1.0% on the bracket from $61,500.01 to $307,800;
• 1.5% on the portion that exceeds $307,800.
These different tranches used to calculate the amount of the transfer tax are indexed annually according to the rate of increase in the overall consumer price index for Quebec.
* It is important to note that there is a difference in the cost of the tax between Montreal and the rest of Québec, where there is an extra percentage added onto higher tax brackets in Montreal.
