Bob Sethi, B.Comm | 604.273.2828

Homeowners: Opt-out or you'll pay the Speculation Tax

B.C. government opens exemption process for speculation tax


NDP's misguided Speculation Tax hitting BC residents first

Estimated two-thirds of those who will pay the Speculation Tax will not be out-of-province speculators, but British Columbians.


The NDP's "Speculation Tax" being charged to all homeowners in BC's largest urban centres - whether they're speculators or not.


It's up to those affected homeowners to apply for exemptions by March 31, 2019 or wait up to 6 years (yes, years) for a rebate if they fail to opt-out.


Read more from The Province here.



Note - Declaration forms are being mailed by the NDP - if you haven't received your's by mid-February I recommend you visit the Speculation and Vacancy Tax page to contact the Provincial Government.




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Bob Sethi, B.Comm
Office:604.273.2828
Fax:604.273.0685
RE/MAX Westcoast
#110-6086 Russ Baker Way
Richmond, BC
V7B 1B4 Canada

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