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  1. www2.gov.bc.ca › property-transfer-tax › fileFile and pay property transfer tax - Province of British Columbia

    Apr 10, 2024 · Failure to pay the tax as required or purposely completing the property transfer tax return or refund applications with incorrect or misleading information may result in a penalty. If a false declaration is made when claiming a first time homebuyers’ exemption or refund, a penalty will be assessed equal to and in addition to the amount of exemption or refund claimed.

  2. www2.gov.bc.ca › property-transfer-taxProperty transfer tax - Province of British Columbia

    • Tax Rates
    • Estimate Tax Payable
    • Fair Market Value

    There are three rates to consider when calculating your total property transfer tax amount: 1. General property transfer tax 2. Further 2% on residential property over $3,000,000 3. Additional property transfer tax

    See full list on www2.gov.bc.ca

    Use the property transfer tax calculator to estimate the tax payable based on the fair market value of your property. Estimate your property transfer tax For more complex calculations, see our calculation examples.

    See full list on www2.gov.bc.ca

    Fair market value is the price that would be paid by a willing purchaser to a willing seller for a property (land and improvements) in the open market on the date of registration.

    See full list on www2.gov.bc.ca

  3. www2.gov.bc.ca › property-transfer-tax › payPay your property transfer tax notice of assessment - Gov

    Property Transfer Tax PO BOX 9427 STN PROV GOVT VICTORIA BC V8W 9V1. Government office. To pay at a government office, bring your Notice of Assessment, Statement of Account or legal notice. You can make your payment at one of the following locations: In-person - Service BC Centre

  4. www.bclaws.gov.bc.ca › civix › documentProperty Transfer Tax Act - BC Laws

    the transferee must pay to the administrator, in addition to the amount of tax that the transferee is obliged to pay the administrator under section 10.5, a penalty in an amount equal to 0.2% of that amount of tax for each week between the time the notice was required by section 10.4 (3) to be provided and the time the notice is received by the administrator, to a maximum amount equal to that ...

  5. ltsa.ca › wp-content › uploadsTransfer of Property Fee Simple - LTSA

    2. Complete the Property Transfer Tax Return. For assistance with this form, contact the Ministry of Finance, Property Transfer Tax Section, at 236-478-1593 or toll free within BC at 1-888-841-0090. 3. Provide the existing Duplicate Indefeasible Title Certificate, if not on file with the Land Title Office. 4. Complete Forms D & E if required. 5.

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  6. forms2.gov.bc.ca › forms › contentEstimate your property transfer tax - Province of British ...

    Consult with a legal professional when you file a property transfer tax return to ensure you pay the correct tax amount. The calculator only applies the further 2% on residential properties over $3,000,000 and the additional property transfer tax fully to the calculation when you answer YES to questions C) or D).

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  8. www.gvrealtors.ca › content › damProperty Transfer Tax – Fact Sheet - gvrealtors.ca

    Property Transfer Tax (PTT) Return: Frequently Asked Questions. • Property Tax Frequently Asked Questions. • PTT Contact Information (scroll down) • REBGV Help Reduce the PTT website. • BC Property Transfer Tax Office 1-888-355-2700 (Option #2). • Here is a complete list of forms and publications.