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Land Transfer Tax In Canada |
Manitoba Land Transfer Tax
As of July 5, 2004
The following information should help you to calculate land transfer tax in Manitoba.
Please remember we provide this for informational purposes only and we
recommend that you speak with a professional (i.e. your lawyer or banker).
To calculate the total Manitoba Land Transfer Tax for residential properties, add the following together:
no tax on the first $30,000 of the purchase price
0.5% of the amount from $30,001 to $90,000
1.0% of the amount from $90,001 to $150,000
1.5% of the amount from $150,001 to $200,000
2.0% of the amount in excess of $200,000
OR use the following table
| Purchase Price |
Calculation of Land Transfer Tax |
| 0 - 30,000 |
Not taxable |
| 30,001 - 90,000 |
(.005 x Amount) minus 150 |
| 90,001 - 150,000 |
(.01 x Amount) minus 600 |
| 150,001 - 200,000 |
(.015 x Amount) minus 1,350 |
| 200,001 + |
(.02 x Amount) minus 2,350 |
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OR use our calculator by clicking below
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