Property Purchase Tax Act (Continued) #107

BC Real Estate Association logo with the words "legally speaking" printed below

By Gerry Neely B.A. LL.B On July 10, 1987, the Ministry of Finance closed the loophole referred to in the second example in Column 106 by an amendment to the PPTA, rather than by regulation. The first example given in that column of the purchase by a husband and wife was intended to illustrate the