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Tip of the Week! Budget early for costs related to property purchases

by Tim | Aug 5, 2016 | Property, Real Estate, Tax

The Real Property Transfer Tax Act requires purchasers of property to pay a one-time tax upon purchase of a property in New Brunswick. On April 1, 2016, the real property transfer tax increased from 0.5 per cent to one percent of the assessed value of a property or...

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