BC Property Transfer Tax Changes That Will Affect Foreign Entities Acquiring Properties in the Greater Vancouver Regional District

Effective August 2, 2016, an additional property transfer tax applies to residential property transfers to foreign entities in the Greater Vancouver Regional District. The Amount of the Additional Property Transfer Tax The additional tax on property transfers to foreign entities is 15% of the fair market value of the foreign entity’s proportionate share of a … Continue reading BC Property Transfer Tax Changes That Will Affect Foreign Entities Acquiring Properties in the Greater Vancouver Regional District