Rulings for BC home flipping tax
Last updated on November 10, 2025The Ministry of Finance issues rulings relating to the Residential Property (Short-Term Holding) Profit Tax Act, known as the BC home flipping tax.
Rulings are only provided in respect of proposed transactions or events that haven’t occurred yet and are in respect of a named, identified taxpayer. In certain situations where we cannot provide a ruling, we may provide a non-binding technical interpretation.
The applicability of a ruling to a particular circumstance depends upon the facts, assumptions, and information provided. For this reason, the ministry asks that you provide us with as much relevant detail as possible. Note: Variations in circumstance and incomplete or inaccurate information could impact the ruling.
The ministry will follow a ruling to the recipient taxpayer as long as the circumstances, including the facts and assumptions, were accurately disclosed and haven’t changed since the ruling was issued. The ministry is not bound by a ruling response if there is a material change to the Act or other applicable legislation.
Rulings requests
The ministry aims to respond to ruling requests within 90 days. This response time may be extended if additional information or correspondence is required to provide a response.
Rulings requests can be submitted by email to ITBRulings@gov.bc.ca
General questions about the BC Home Flipping Tax
Questions about the BC home flipping tax that aren’t a ruling request can be submitted to ITBTaxQuestions@gov.bc.ca
Historical rulings
These rulings are provided as an aid to understanding the legislation, but are not law. The information in these rulings may not apply in whole or part as a result of changes to the legislation.
Please refer to the Residential Property (Short-Term Holding) Profit Tax Act. If there is any conflict between wording used in these rulings and the legislation, the legislation will prevail.
Persons should use caution in relying on a ruling response issued to another taxpayer. The ruling response reflects the Ministry’s views at the time it was written and may not be updated for changes in the law, jurisprudence, or subsequent administration positions. Due to taxpayer confidentiality restrictions, material information may have been severed. Seemingly minor differences in facts and circumstances might result in a materially different conclusion.
The following is a redacted copy of a recent ruling: