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31 May 2012
Moving Toward the PST/GST From the HST
Following on the February announcement of transitional rules, in May Minister of Finance Kevin Falcon introduced legislation to implement the Provincial Sales Tax (PST) and relief measures for the new housing market. Bill 45: Income Tax Amendment Act, Read More...
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03 April 2012
B.C.'s HST Tax Rebate Sparks Market Rebound
reprint from The Calgary Herald - March 31,2012 By Joel Schlesinger Owning a recreation property in British Columbia is within closer reach for Albertans, thanks to changes in the province's tax scheme. The Harmonized Sales Tax, or HST, combined the Read More...
18 February 2012
BC HST Changes Effective April 1,2012
Friday, February 17, 2012 1:05 PM VICTORIA - New housing transition measures give certainty to an important economic sector and help to keep taxes equitable throughout the transition as the province returns to the PST, Finance Minister Kevin Falcon announced. Read More...
21 February 2011
Fight HST to Boycott So Called “Independent” Panel on HST
PORT COQUITLAM – (Monday, February 14, 2011) – Fight HST, the group that lead the successful petition to repeal the HST, will not be making a submission to the self described “Independent” Panel on the HST says Lead Organizer, Read More...
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30 April 2010
BC Real Estate Association Urges Government to Reduce Shelter Taxes
Victoria, BC - April 26, 2010. The British Columbia Real Estate Association (BCREA) is in Victoria this week to highlight to the Government of British Columbia that, with the highest home ownership costs in the country, BC is at a competitive disadvantage Read More...
10 March 2010
BC Harmonized Sales Tax (HST) Questions Answered
If you are buying or selling real estate in British Columbia this year you should familiarize yourself with the new Harmonized Sales Tax (HST) fo 12% that will be replacing the current GST tax of 5%. Here are the links to the transitional rules for July Read More...
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20 November 2009
Province Increases Proposed HST Housing Rebate
VICTORIA - The Province is proposing to increase the threshold for the B.C. HST new housing rebate from $400,000 to $525,000 to ensure that, on average, purchasers of new homes up to $525,000 pay no more tax due to harmonization, Finance Minister Colin Read More...
24 August 2009
What The Proposed HST Means For BC Home Buyers
Vancouver, BC – August 24, 2009. The British Columbia Real Estate Association (BCREA) today launched a new section of its website to provide the public and REALTORS® with information about the impact of the proposed Harmonized Sales Tax (HST) Read More...