March 2024

What you need to know about BC's Speculation and Vacancy Tax

Posted on Mar 18, 2024

The speculation and vacancy tax is designed to turn vacant homes into housing for BC residents and ensure foreign owners contribute fairly to BC's tax system.

On November 22, 2023, the BC government announced that they have added more areas. Residential property owners in these communities will need to declare for the first time in January 2025 base...

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