Social Services Tax Act

Property Purchase Tax Act – Continued #116

Legally Speaking

By Gerry Neely B.A. LL.B The tax return which is filed under the Property Purchase Tax Act with transfer documents has been amended to require a purchaser to disclose the value of machinery, furniture, equipment and fixtures, which are included in the purchase price of non-residential property. “Fixture” is very broadly defined but does exclude

Condominium Act, Municipal Act, Social Service Tax Act #98

Legally Speaking

By Gerry NeelyB.A. LL.B. These three Acts proclaimed by the Legislature in Victoria may contain a number of booby traps waiting to explode in the face of the unwary, but each contains at least one. Anyone purchasing a condominium knows that the legal description includes an interest in the common property. And certainly a mortgagee