Lawson Lundell's Real Estate Law Blog

Tag Archives: taxable transaction

Digging Deeper into the New Foreign Entity Tax

Posted in Tax

In our blog post from July 25, 2016 we highlighted the provincial government’s introduction (effective August 2, 2016) of the new 15% property transfer tax (the “Foreign Entity Tax“) on foreign buyers of residential property in the Greater Vancouver Regional District (“Metro Vancouver“). The Foreign Entity Tax has been introduced by way of an amendment… Continue Reading