Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post

troutman · 03-28-2013, 03:54 PM

B.C. = Bring Cash

http://www.sbr.gov.bc.ca/business/Pr...er_Tax/ptt.htm

Property Transfer Tax Rates

The amount of tax due depends on the fair market value of the property that is transferred:

If the fair market value is $200,000 or less, the tax is 1% of the fair market value.
If the fair market value is greater than $200,000, the tax is 1% of the fair market value up to $200,000, plus 2% on the portion of the fair market value that is greater than $200,000.

Ask yourself - do you want to spend most of your vacation time at the same place?

03-28-2013, 03:54 PM	#6
troutman Unfrozen Caveman Lawyer Join Date: Oct 2002 Location: Crowsnest Pass Exp:	B.C. = Bring Cash http://www.sbr.gov.bc.ca/business/Pr...er_Tax/ptt.htm Property Transfer Tax Rates The amount of tax due depends on the fair market value of the property that is transferred: If the fair market value is $200,000 or less, the tax is 1% of the fair market value. If the fair market value is greater than $200,000, the tax is 1% of the fair market value up to $200,000, plus 2% on the portion of the fair market value that is greater than $200,000. Ask yourself - do you want to spend most of your vacation time at the same place?