July 26th, 2016, Scott Williams
I'M SHARING THIS UPDATE FROM ONE OF OUR REAL ESTATE LAWYER PARTNERS...Re: Property Transfer TaxWe 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 ...