PROPERTY TAXES and What Are They?
Posted on Apr 20, 2022
When you own, lease or gain an interest in a property (e.g. land, home, etc.) located in B.C. you must pay property taxes. Below, we have some information on taxes to consider when purchasing a property.
1.PROPERTY TRANSFER TAX (PTT)
This tax is mandated by the PROVINCIAL GOVERNMENT, & is calculated as follows on the Purchase Price of the home:
1% on...
