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BC Real Estate: Speculation, Vacancy Tax

Posted on Nov 02, 2018

There seems to be a lot of confusion over the BC Real Estate Speculation and Vacancy Tax. 

The tax varies depending on the owner’s tax residency and whether the owner is a Canadian citizen or permanent resident, or a member of a satellite family.

For 2018, the tax will be levied as follows:
.5% of the property’s assessed value for all properties subjec...

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