Foreign Buyer 15 Percent Ontario Tax Explained Answers to Questions

Ontario Fair Housing Plan

Mr. Stephen Shub a well known Real Estate Lawyer came into our Harvey Kalles Office to tell us about ‘Foreign Buyers’.  Here is his handout, along with quizzes. The Answers are at the very bottom.

Foreign Buyers

Foreign Buyer Tax Quiz

Quiz Foreign Buyer Tax

ANSWERS:

  1. No
  2. Yes
  3. No
  4. No
  5. Yes
  6. Yes
  7. Yes
  8. No
  9. No
  10. Yes and No
  11. Yes
  12. Must pay the whole 15% tax
  13. Yes
  14. No
  15. (a) True (b) True (c) True
  16. No

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