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The speculation and vacancy tax website has been updated to include new information that clarifies the definition of leaseholders as property owners for the purposes of the tax.
FIN 562, Treatment Certificate (PDF, 240KB), has been updated to:
FIN 563, Request to Waive Penalties (PDF, 180KB), has been updated to clarify that the interest applied to the penalties will be the only interest considered for the waiver.
The speculation and vacancy tax declaration period is now open.
Declaration letters begin mailing this week. You’ll need your letter before you can declare.
Check out our website at gov.bc.ca/spectax to find out when you can expect your letter, what to do if you’ll be away and for help declaring.
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