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The Lay of the Land DEVELOPMENTS IN CANADIAN REAL PROPERTY LAW

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Is Property Transfer Tax Reform on the Horizon?

Posted in Commercial, Property Tax Assessment, Residential

The Property Transfer Tax Act (British Columbia) could soon be amended to impose property transfer tax (“PTT”) on beneficial transfers of real estate.  The NDP-Green Party Coalition Government budget, scheduled for release this month, is expected to focus on the real estate market and PTT reform may be on the agenda. … Continue Reading