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ADDITIONAL PROPERTYProperty Transfer Tax Inquiries Victoria: 250 3870555 Toll free: 1 888 3552700 gov.bc.ca/propertytransfertaxTRANSFER TAX RETURN under the Property Transfer Tax Instructions Complete

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How to fill out www2govbccaadditional-property-transfer-taxadditional property transfer tax

01

Visit the website www2.gov.bc.ca

02

Locate the 'Additional Property Transfer Tax' section

03

Enter all required information accurately

04

Submit the form online

Who needs www2govbccaadditional-property-transfer-taxadditional property transfer tax?

01

Individuals or entities in British Columbia who are involved in the transfer of real estate properties and are subject to the additional property transfer tax

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What is www2govbccaadditional-property-transfer-taxadditional property transfer tax?

The additional property transfer tax is a tax imposed in certain regions of British Columbia on foreign entities or taxable trustees purchasing residential property.

Who is required to file www2govbccaadditional-property-transfer-taxadditional property transfer tax?

Foreign entities and taxable trustees who are purchasing residential property in certain regions of British Columbia are required to file the additional property transfer tax.

How to fill out www2govbccaadditional-property-transfer-taxadditional property transfer tax?

The additional property transfer tax form can be filled out online or submitted physically, providing details of the property transaction and the entities involved.

What is the purpose of www2govbccaadditional-property-transfer-taxadditional property transfer tax?

The purpose of the additional property transfer tax is to deter foreign investment in the residential real estate market and generate revenue for the government.

What information must be reported on www2govbccaadditional-property-transfer-taxadditional property transfer tax?

The form requires information such as the purchase price of the property, the residency status of the buyer, and any exemptions claimed.

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