Non-resident Speculation Tax in Ontario
Non-resident Speculation Tax in Ontario What is NRST? Non-Resident Speculation Tax (NRST) is also known as the Foreign Home buyer’s Tax. As the name suggests, NRST is paid on homes bought by foreign entities. When was NRST first introduced in Ontario? NRST was introduced in 2017. It impacted properties in the Greater Horseshoe region of …