Tax

BC Home Flipping Tax and North Vancouver: What You Need to Know

The BC Home Flipping Tax, a key component of British Columbia’s Homes For People plan, is set to impact property transactions starting January 1, 2025. This tax aims to discourage short-term property holding for profit, with significant implications for North Vancouver residents

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Possible Tax Implications of the Land Ownership Transparency Registry

Is there a correlation between these two? Not yet, according to Tony Spagnuolo, Spagnuolo Law. Tony speculates that the government will be looking for ways to cover the costs of COVID relief initiatives.

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