Hani Faraj - Buyer Package March 27
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Property Transfer Tax<br />
The additional property transfer tax will apply to transactions that are normally exempt<br />
from the basic property transfer tax, such as the transfer between related individuals<br />
or to a surviving joint tenant, transfer resulting from an amalgamation, and other<br />
such situations. However, it does not apply to non-residential properties and trusts<br />
that are mutual fund trusts, real estate investment trusts or specified investment flow<br />
-through trusts.<br />
Source:<br />
http://www2.gov.bc.ca/gov/content/taxes/property-taxes/property-transfer-tax/<br />
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