Schedules 4A and 4B—
omit, insert—
Dutiable value of the residential land | Concession amount |
---|---|
Not more than $509 999.99 | the lesser of the following— (a) $15 525; (b) the transfer duty that would be imposed on the dutiable transaction as if the dutiable value of the transaction were equivalent to the dutiable value of the residential land |
$510 000—$519 999.99 | $13 925 |
$520 000—$529 999.99 | $12 325 |
$530 000—$539 999.99 | $10 725 |
$540 000—$549 999.99 | $9 125 |
$550 000—$559 999.99 | $7 550 |
$560 000—$569 999.99 | $6 000 |
$570 000—$579 999.99 | $4 500 |
$580 000—$589 999.99 | $3 000 |
$590 000—$599 999.99 | $1 500 |
$600 000 or more | nil |
Dutiable value of the vacant land | Concession amount |
---|---|
Not more than $259 999.99 | the lesser of the following— (a) $6 575; (b) the transfer duty that would be imposed on the dutiable transaction as if the dutiable value of the transaction were equivalent to the dutiable value of the vacant land |
$260 000—$269 999.99 | $6 125 |
$270 000—$279 999.99 | $5 675 |
$280 000—$289 999.99 | $5 225 |
$290 000—$299 999.99 | $4 775 |
$300 000—$309 999.99 | $4 325 |
$310 000—$319 999.99 | $3 875 |
$320 000—$329 999.99 | $3 425 |
$330 000—$339 999.99 | $2 975 |
$340 000—$349 999.99 | $2 550 |
$350 000—$359 999.99 | $2 125 |
$360 000—$369 999.99 | $1 700 |
$370 000—$379 999.99 | $1 275 |
$380 000—$389 999.99 | $850 |
$390 000—$399 999.99 | $425 |
$400 000 or more |
nil'. |