Declaration Period Begins for B.C. Speculation and Vacancy Tax
The deadline to make a Declaration is March 31, 2019. Residential property owners who do not complete the Declaration on or before March 31, 2019 will be assessed the Speculation Tax, which is 0.5 percent of the residential property’s assessed value. Any Speculation Tax payable is due on or before July 2, 2019.
If you own a residential property in an affected area and you do not receive a Declaration by February 28, 2019, you can contact the B.C. government’s Speculation Tax call centre at 1.833.554.2323 or 604.660.2421.
B.C. Speculation and Vacancy Tax - Exemptions for Developers
B.C. Speculation and Vacancy Tax – Exemptions for Rented Residential Property