BC government announced their 2018-19 budget today, with significant implications to those in the real estate investment market. Some highlighted measures include increase of foreign buyer's tax from 15% to 20%, expansion of the area in which the foreign buyer's tax will apply, vacancy tax of 2% of the property's market value, and required disclosure of beneficial ownership.

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Entering or leaving Canada? Read here for some relevant tax issues:

Entering or Leaving Canada? 0 comments Tax February 7, 2017 Are you entering Canada for the first time and residing here long-term? Or are you leaving Canada permanently? Here are some things to take note of. If you are in Canada for 183 days or more in a calendar year (January to December), you...

Received a pre-assessment notice or a reassessment notice from CRA and not sure what to do? Contact me for professional advice!

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Nelson Huang, CPA updated their profile picture.
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