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The 2% BC Transition Tax on new homes coming April 1, 2013

If you are planning on buying a new home over the next two years, then you need to know about the 2% BC Transition Tax.


It is a new tax that comes into effect on April 1, 2013. It will apply to the sale of new residential homes that are 10% or more complete as of April 1, 2013. The 2% BC Transition Tax will end on March 31, 2015.


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