The Government of BC introduced the Speculation and Vacancy Tax Act in response to skyrocketing housing prices. This article provides information on some of the current issues in the application [...]
Property Transfer Tax (PTT) is better described as a land registration tax. This paper will briefly explain how the tax applies, and will discuss ways to reduce or avoid the tax.
The Additional Property Transfer Tax (“ATT”), commonly called the Foreign Buyers Tax, was introduced by the BC government in 2016. The ATT is 20% of the fair market value of the property and is [...]