The BC Liberal Property Transfer Tax for Foreigners

July 26, 2016 30 No Comments

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I do not think anyone was expecting the penalty property transfer tax that is being debated in the house now.

It will initially be set at 15% of the purchase price but only apply in Metro Vancouver I think it will collect a moderate amount of money, but will it dampen the market?

What happens if the market crashes, which it will because this is the worst bubble seen in Canadian history?

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