As previously announced, Version 39 of the Property Transfer Tax (PTT) Return is now in effect. The new version (V39) has introduced:
- New form field for “exemption 51, First Nation”
- Requirement for supporting documentation for
- Transferee for a shareholder of the corporation for a foreign entity
- Transferor is an eligible corporation
- Version 39 of the return will provide new help content, including updated information for exemptions. It also clarifies that a copy of the Central Security Register should be attached when the transferee has a foreign entity shareholder.
Web Filing versions of the PTT Return V38 electronically signed before September 15, 2025, will be accepted until September 29, 2025 (11:59 pm, September 29, 2025). PTT Returns not electronically signed by September 15, 2025, will automatically transition to Version 39.
For more information about PTT requirements, visit the ministry’s Information for Legal Professionals on Filing a Property Transfer Tax Return webpage. You can also find out what’s new or subscribe to receive email updates when information changes on the ministry’s website.