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Welcome Tax

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Welcome Tax
An informal term for a land transfer tax in Quebec. The welcome tax is assessed on the buyer of real estate. It derives its name from Bienvenu, which is the French word for welcome and also the name of the minister who originally proposed it.


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In addition, we would welcome tax breaks for R&D as this should assist the innovation and modernisation of the economy.
The Chancellor will no doubt be looking for some ways of delivering good news to support struggling businesses through the recession and he may well resort to announcing some welcome tax measures.
Many homeowners perceive the two-tier system as an welcome tax break, and in the short term that may be true.
 
 
 
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