• phone: 250-592-4422
  • fax: 250-592-6600
  • toll-free: 1-877-231-4422

DaveRockCompleteSml.jpg

Blog by Dave Lynn

Read this page to learn more about my current listings and I will add some market tips as well. To see details on items only in a certain category, chose one under the Categories heading on the left hand side of the page near the middle. To get back further than this month's entries, click the appropriate month under Archives on the left hand side of the page near the bottom

Blog by Dave Lynn

<< back to article list

  • +1
Breaking News: Province Announces Increase in Property Transfer Tax Payable by Foreign Entities

Earlier today, the British Columbia government announced that the property transfer tax rate payable by foreign entities on purchases of residential property in the Greater Vancouver Regional District will increase to 15%. This increase in PTT payable will come into effect on Tuesday, August 2, 2016, and will be payable regardless of when the purchase agreement for the property was entered into. The additional tax applies on a foreign entity’s proportionate share of any applicable residential property transfer, even in certain circumstances when the transaction may normally be exempt from property transfer tax. For further details, please see:

        Additional Property Transfer Tax Return

Categories

Archives