NEW 15% PPT EXPLAINED...
July 26th, 2016
I'M SHARING THIS UPDATE FROM ONE OF OUR REAL ESTATE LAWYER PARTNERS...
Re: Property Transfer Tax
We just heard that the BC government is increasing the PTT by 15% tax for purchasers who are foreign entities. Here is what we know:
1. A foreign national is one who is not a Canadian citizen or permanent resident. If it is company that is purchasing, a foreign company is one that is not incorporat ...
Re: Property Transfer Tax
We just heard that the BC government is increasing the PTT by 15% tax for purchasers who are foreign entities. Here is what we know:
1. A foreign national is one who is not a Canadian citizen or permanent resident. If it is company that is purchasing, a foreign company is one that is not incorporat ...
