On April 1, 2013, the HST in BC was replaced by the federal GST and the BC PST. On February 17, 2012, the BC Ministry of Finance and the federal Ministry of Finance announced general transition rules for real property. For more information, click
here.
To calculate the amount of GST and Property Transfer Tax owing on a BC real estate transaction, click
here.
On April 1, 2013, the HST was extinguished, and replaced by the GST and the BC PST. For information about the business impact of this change for the period after the PST/GST system is reinstated, click
here.