With the BC election less than two weeks away, BCREA is calling for major housing tax reform aimed at increasing affordability and fairness in the province.
Posts tagged with “Speculation and Vacancy Tax”
Advocacy
BC Real Estate Association Urges Comprehensive Review of BC Housing Taxes
Advocacy
The Province Goes Big on Housing Policy – A First Look
The provincial government has introduced several pieces of housing legislation aiming to fulfill the Homes for People plan priorities.
Advocacy
Navigating Canada’s Underused Housing Tax
On June 9, 2022, the federal government enacted the Underused Housing Tax. While REALTORS® do not assume direct responsibility, they can help inform their clients of their tax filing obligations.
Economics
Estimating the Impacts of the Speculation and Vacancy Tax
While all BC markets experienced sharp declines since 2018, the Speculation and Vacancy tax is estimated to have reduced home sales in taxable regions in BC by an additional 12.5 per cent compared to non-taxable…
Advocacy
Statement – Speculation Tax: Clarity Appreciated; More Needed
BCREA was pleased to see more details of the proposed speculation tax…
Advocacy
Government Needs Transitional Rules for All Transactions Impacted By Taxes Introduced in Budget 2018 — New Taxes Unlikely to Stabilize Housing Market
BCREA calls on the government to introduce transitional rules for all transactions impacted by the new tax measures introduced in Budget 2018…