Under the Act respecting duties on transfers of immovables (R.L.R.Q., c. D-15.1), the municipality must levy a charge on the transfer of any immovable situated in its territory, calculated on the basis of the taxable amount established, according to the following rates as from January 1st, 2021:
- on that part of the basis of imposition which doex not exceed $52,800: 0.5%;
- on that part of the basis of imposition which is in excess of $52,800 but does not exceed $264,000: 1%;
- on that part of the basis of imposition which is in excess of $264,000 but does not exceed $527,900: 1.5%;
- on that part of the basis of imposition which is in excess of $527,900 but does not exceed $1,055,800: 2%;
- on that part of the basis of imposition which exceed $1,055,800: 2.5%.
The basis of imposition for transfer duties shall be the greatest of the following amounts:
- the amount of the consideration furnished for the transfer of the immovable;
- the amount of the consideration stipulated for the transfer of the immovable;
- the amount of the market value of the immovable at the time of its transfer
Consult the bylaw (2018)-160