What’s New in Speculation and Vacancy Tax


Tuesday, December 17th, 2019

Updates to speculation and vacancy tax information are posted here.

other

The speculation and vacancy tax website has been updated to:

The government announced it intends to introduce new speculation and vacancy tax exemptions for:

  • Canadian Armed Forces members and their spouses, where the military member is away from B.C. due to service requirements
  • Homeowners whose property can only be accessed by water

The government also intends a longer phase-out for these temporary exemptions:

  • The exemption for rental restricted stratas will now end December 31, 2021
  • The exemption for strata accommodation properties will now end December 31, 2020
  • The exemption for vacant land will end December 31, 2019


Comments are closed.