Asra and Yadi forgot they had to pay the "Welcome Tax" (also called Property Transfer Duties) on the purchase of a new property. Using the table below or the link for Montreal properties, calculate their Property Transfer Duties https://montreal.ca/en/articles/how- property-transfer-duties-are-calculated-9279 Montral Rates by value brackets Property transfer duties are calculated according to value brackets that correspond to certain rates. These brackets, sometimes called thresholds change every year. in Montreal, the value brackets from January 1 to January 31, 2022, are as follows: Tax base value Up to $53,200 $52,200 to $266,200 $266,200 to $527,900 Menu $527,900 to $1,055,800 Calculate the Property Transfer Duties Rate 0.5% 15W 216