Alana Walter

Bennett Jones LLP

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British Columbia Introduces the Flipping Tax—What is it and Why Should You be Aware?

What is the Flipping Tax and Why is it Important? The B.C. government announced in its 2024 budget a plan to introduce a tax (the Flipping Tax) on income earned from the sale of a property within 730 days of acquisition....more

5/31/2024 / Canada , House Flipping , Property Tax , Proposed Legislation , Real Estate Professionals , Real Estate Transactions , Residential Property Owners , Residential Real Estate Market , Tax Liability

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Alana Walter

Bennett Jones LLP

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Latest Posts › Property Tax

British Columbia Introduces the Flipping Tax—What is it and Why Should You be Aware?

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