If you are in a designated region affected by Speculation Tax I wanted to make sure you had the most recent update sent out today which offers more clarity on exemptions.
This is notification of a website update.
Website: What's New in Speculation and Vacancy Tax
URL: http://www2.gov.bc.ca/gov/content/taxes/tax-changes/whats-new/speculation-and-vacancy-tax
Speculation and vacancy tax declaration letters are now being mailed to owners of residential property in the taxable regions of B.C. Once you receive your letter, you can declare online or call us at 1 833 554-2323.
The speculation and vacancy tax website has been expanded to:
- Clarify available exemptions and add examples
- Clarify tenancy exemption requirements