This section provides information on the application of Retail Sales Tax when designated property brought into the province meets the definition as settlers effects as set out in the Regulations to the Retail Sales Tax Act. What criteria must be met in order to qualify for the...
This section provides information on eligibility for a waiver of Real Property Transfer Tax where the real property is being purchased by first-time home buyers. What is the Real Property Transfer Tax first-time home buyers exemption? Real Property Transfer Tax that normally...
As a first-time home buyer, you may be eligible for a tax exemption provided you fulfill certain requirements.
The Prince Edward Island Real Property Tax Act came into effect on January 1, 1972. This publication is an historical summary of the commercial and non-commercial property tax rates per $100 of assessment.
Cannabis Consultation Report - A summary of consultation results in preparing cannabis policy and legislation (December 2017)
Real Property Transfer Tax Notice: 101 - Changes to the "First Time Home Buyer" Exemption Requirements (October 2016) Real Property Transfer Tax Notice: 102 - Refunds to Purchasers who Maintain Real Property as Their Principal Residence at Least 183 Consecutive Days Following the...
The 2017 Budget Address presented by the Minister of Finance at the second session of the 65th General Assembly of Prince Edward Island on April 7, 2017.
All resident and non-resident financial corporations operating a permanent establishment within the province are required to pay Financial Corporation Capital Tax on its taxable capital. The Financial Corporation Capital Tax Act defines a financial corporation as a bank, trust...
This section provides information on eligibility for a waiver of Retail Sales Tax where designated property has been acquired though an inheritance. What requirements must be met for the Retail Sales Tax inheritance exemption? Vehicles and other designated property are not...