Its not often that consumers get a break on new purchases. The Harmonized Sales Tax (HST) New Home Rebate is a BC government initiative which aims to compensate new home
The BC Property Transfer Tax (the “PTT”) is a value added tax payable by purchasers who acquire an interest in property.
The actual tax rate is 1% on the first $200,000
This article addresses a particular challenge that a purchaser of real property in a foreclosure scenario faces with respect to its potential liability for tax (non-resident withholding tax) under section
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