Lawson Lundell's Real Estate Law Blog

Tag Archives: Provincial Nominee Program

BC Government Enacts New Exemption and Refunds For Foreign Entity Tax

Posted in Tax

On March 15, 2017, the BC Government issued Order In Council 152/17 (the “OIC”), which creates a retroactive exemption from the 15 percent Foreign Entity Tax (the “Tax“) for foreign nationals applying for permanent residency under BC’s Provincial Nominee Program, and provides refunds for certain purchasers who have previously paid or are required to pay the… Continue Reading