Duties Fact Sheet - No Double Duty

If duty is chargeable on a dutiable transaction such as a contract for sale of land, the subsequent transfer of land or declaration of trust will be considered a ‘no double duty’ transaction (‘NDD’) if it is in conformity with the initial dutiable transaction.

Some dutiable transactions may be considered NDD for transfer duty purposes, but are chargeable with foreign transfer duty if the transferee on the transfer of residential property is a foreign person and the agreement for transfer was not endorsed with foreign transfer duty. See the foreign transfer duty fact sheet.