Learn what land is exempt and which rezonings are excluded.

Windfall gains tax — exemptions and exclusions

Land and rezonings that can be exempt or excluded from the tax. 
Windfall gains tax — residential land exemption

An exemption applies to eligible residential land.
Windfall gains tax — charitable or university land

Exemptions available for land owned by a university or charity.
Windfall gains tax — transitional arrangements

Exemptions for rezonings underway or contracted by May 2021.